QuantumScape

Companies Look to Innovate and Develop New Lithium-Ion Battery Technology

Retrieved on: 
Monday, October 31, 2022

NEW YORK, Oct. 31, 2022 /PRNewswire/ -- The growth of the Li-Ion battery (LIB) market has led to a rise in demand for lithium. LIBs are a crucial component in the development of a future energy infrastructure. For example, the battery of a Tesla Model S has about 12 kilograms of Li in it, while grid storage solutions are currently being built to make renewable energy more affordable and reliable. EVs are promoted as a sustainable transportation choice on account of life-cycle basis, as they emit fewer GHG than conventional vehicles. For instance, Tesla is planning for next-generation EV batteries that would focus on introducing Li-iron phosphate batteries to market. This will cut the vehicle costs, extend the vehicle range up to 400 miles or more, and enable the batteries to last as long as 1 million miles. And, according to data provided by Fortune Business Insights, the global lithium market size was USD 3.64 billion in 2020 and is expected to reach USD 6.62 billion in 2028 at a CAGR of 8.1% during the 2021-2028 period. Infinity Stone Ventures Corp. (OTC: GEMSF) (CSE: GEMS), Sociedad Química y Minera de Chile S.A. (NYSE SQM), Piedmont Lithium (NASDAQ: PLL), SIGMA Lithium Corporation (NASDAQ: SGML), QuantumScape Corporation (NYSE: QS)

Key Points: 
  • The price of cobalt, which was $32,000 per ton at the end of 2017, spiked at $82,000 last spring.
  • The strategic relationship brings together two companies leading in technology innovation focused on accelerating clean energy adoption and reducing global carbon emissions.
  • The companies will collaborate on what they believe to be a first-of-its-kind solution to incorporate QuantumScape's battery technology into Fluence stationary energy storage products as specific technical and commercial milestones are met.
  • FinancialBuzz.com has not been compensated directly by any of the companies mentioned here in this editorial unless mentioned otherwise.

Companies Look to Innovate and Develop New Lithium-Ion Battery Technology

Retrieved on: 
Monday, October 31, 2022

NEW YORK, Oct. 31, 2022 /PRNewswire/ -- The growth of the Li-Ion battery (LIB) market has led to a rise in demand for lithium. LIBs are a crucial component in the development of a future energy infrastructure. For example, the battery of a Tesla Model S has about 12 kilograms of Li in it, while grid storage solutions are currently being built to make renewable energy more affordable and reliable. EVs are promoted as a sustainable transportation choice on account of life-cycle basis, as they emit fewer GHG than conventional vehicles. For instance, Tesla is planning for next-generation EV batteries that would focus on introducing Li-iron phosphate batteries to market. This will cut the vehicle costs, extend the vehicle range up to 400 miles or more, and enable the batteries to last as long as 1 million miles. And, according to data provided by Fortune Business Insights, the global lithium market size was USD 3.64 billion in 2020 and is expected to reach USD 6.62 billion in 2028 at a CAGR of 8.1% during the 2021-2028 period. Infinity Stone Ventures Corp. (OTC: GEMSF) (CSE: GEMS), Sociedad Química y Minera de Chile S.A. (NYSE SQM), Piedmont Lithium (NASDAQ: PLL), SIGMA Lithium Corporation (NASDAQ: SGML), QuantumScape Corporation (NYSE: QS)

Key Points: 
  • The price of cobalt, which was $32,000 per ton at the end of 2017, spiked at $82,000 last spring.
  • The strategic relationship brings together two companies leading in technology innovation focused on accelerating clean energy adoption and reducing global carbon emissions.
  • The companies will collaborate on what they believe to be a first-of-its-kind solution to incorporate QuantumScape's battery technology into Fluence stationary energy storage products as specific technical and commercial milestones are met.
  • FinancialBuzz.com has not been compensated directly by any of the companies mentioned here in this editorial unless mentioned otherwise.

QuantumScape Reports Third Quarter 2022 Business and Financial Results

Retrieved on: 
Wednesday, October 26, 2022

QuantumScape Corporation (NYSE: QS), a leader in the development of next-generation solid-state lithium-metal batteries, today announced its business and financial results for the third quarter of 2022, which ended September 30.

Key Points: 
  • QuantumScape Corporation (NYSE: QS), a leader in the development of next-generation solid-state lithium-metal batteries, today announced its business and financial results for the third quarter of 2022, which ended September 30.
  • The company posted a letter to shareholders on its Investor Relations website, ir.quantumscape.com , that details third-quarter financial results and provides a business update.
  • QuantumScape will host a live webcast today at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time), accessible via its IR Events page .
  • Jagdeep Singh, co-founder and chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call.

QuantumScape Announces Timing of Third Quarter 2022 Financial Results and Webcast

Retrieved on: 
Wednesday, October 12, 2022

QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release 2022 third-quarter financial results after market close on Wednesday, October 26, 2022.

Key Points: 
  • QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced it will release 2022 third-quarter financial results after market close on Wednesday, October 26, 2022.
  • This will be followed by a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
  • Jagdeep Singh, co-founder and chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call.
  • Starting today, October 12, shareholders can submit and upvote questions they would like addressed on the earnings call.

QuantumScape Publishes Inaugural Environmental, Social and Governance Report

Retrieved on: 
Thursday, September 29, 2022

QuantumScape Corporation (NYSE: QS), a leader in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles and other applications, today published its 2021 Environmental, Social and Governance (ESG) report.

Key Points: 
  • QuantumScape Corporation (NYSE: QS), a leader in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles and other applications, today published its 2021 Environmental, Social and Governance (ESG) report.
  • Incorporating ESG considerations into our business strategy is essential to our success, so we are pleased to present our first annual ESG report as a public company.
  • The report covers QuantumScapes approach to environmental stewardship, social responsibility and corporate governance.
  • QuantumScape aligned its ESG framework with the United Nations Sustainable Development Goals where it is positioned to make the most significant contributions.

University of Maryland's Computer Science Undergraduate Program Climbs Two Spots to No. 16 in U.S. News Rankings

Retrieved on: 
Thursday, September 15, 2022

COLLEGE PARK, Md., Sept. 15, 2022 /PRNewswire-PRWeb/ -- The University of Maryland's computer science program ranks 8th among the country's public undergraduate programs in the 2023 edition of U.S. News & World Report's "Best Colleges." The program ranks 16th overall, climbing two spots this year.

Key Points: 
  • The University of Maryland's computer science program ranks 8th among the country's public undergraduate programs in the 2023 edition of U.S. News & World Report's "Best Colleges."
  • UMD also ranks in the Top 20 in five computer science specialties:
    UMD's computer science graduate program ranks 17th in the nation according to the latest list from U.S. News & World Report.
  • Maryland is truly a destination for many of the nation's best computer science students," said Matthias Zwicker, chair of UMD's Department of Computer Science.
  • The six-floor Brendan Iribe Center for Computer Science and Engineering serves as a hub for technology, collaboration and discovery that offers students unprecedented opportunities to innovate bold new applications for computer science.

New OEM Harbinger Unveils First-of-its-Kind Commercial Medium-Duty Platform Set to Electrify and Revolutionize the Industry

Retrieved on: 
Thursday, September 8, 2022

"Medium-duty vehicles serve as the backbone of the commercial transportation industry."

Key Points: 
  • "Medium-duty vehicles serve as the backbone of the commercial transportation industry."
  • As a result, unlike other commercial EVs available today, Harbinger's electric platform will carry zero price acquisition premium relative to gas- and diesel-powered alternatives.
  • Harbinger is a commercial electric vehicle (EV) company on a mission to transform an industry starving for innovation.
  • Leveraging a foundation of proprietary, in-house developed vehicle technologies designed specifically for commercial vehicles, Harbinger is bringing a first-of-its-kind EV platform to market, priced for zero acquisition premium.

QuantumScape Reports Second Quarter 2022 Business and Financial Results

Retrieved on: 
Wednesday, July 27, 2022

QuantumScape Corporation (NYSE: QS), a leader in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles, today announced its business and financial results for the second quarter of 2022, which ended June 30.

Key Points: 
  • QuantumScape Corporation (NYSE: QS), a leader in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles, today announced its business and financial results for the second quarter of 2022, which ended June 30.
  • It details second-quarter financial results and provides a business update.
  • QuantumScape will host a live webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) today, July 27, 2022.
  • Jagdeep Singh, co-founder and chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call.

Celina Mikolajczak Joins Lyten as Chief Battery Technology Officer

Retrieved on: 
Thursday, July 21, 2022

Lyten, an advanced materials company committed to delivering next-generation lithium-sulfur batteries and other high-performance products infused with Lyten 3D Graphene, today announced the appointment of Celina Mikolajczak as Chief Battery Technology Officer.

Key Points: 
  • Lyten, an advanced materials company committed to delivering next-generation lithium-sulfur batteries and other high-performance products infused with Lyten 3D Graphene, today announced the appointment of Celina Mikolajczak as Chief Battery Technology Officer.
  • View the full release here: https://www.businesswire.com/news/home/20220721005238/en/
    Celina Mikolajczak joins Lyten as Chief Battery Technology Officer.
  • As chief battery technology officer, Mikolajczak will join Kevin Rhodes, VP of Battery Development, (former Chief Engineer at AVL), Jim Paye, VP of Product Management (former head of R&D at A123 Systems), and Zach Favors, VP of Battery R&D, (former CTO of NexTech Batteries) to head up Lytens Battery Product Innovation Group.
  • Mikolajczak will also partner with Greg Deveson, who was recently promoted to Chief Operating Officer after serving as President, Automotive.

QuantumScape Announces Timing of Second Quarter 2022 Financial Results and Webcast

Retrieved on: 
Wednesday, July 13, 2022

QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries for use in electric vehicles, today announced it will release 2022 second-quarter financial results after market close on Wednesday, July 27, 2022.

Key Points: 
  • QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries for use in electric vehicles, today announced it will release 2022 second-quarter financial results after market close on Wednesday, July 27, 2022.
  • This will be followed by a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
  • Jagdeep Singh, co-founder and chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call.
  • Starting today, July 13, shareholders can submit and upvote questions they would like addressed on the earnings call.