QuantumScape stock is on the rise following some positive PR regarding its battery business.
When investors think about battery stocks as investments, their first thought is likely to be the lithium-ion batteries that are essential to electric vehicles (EVs). But if you’re looking for companies that may be worth a long-term investment, you may have to shift your focus. Since 2020, a number of startup companies are trying to capitalize on the transition from internal combustion engine (ICE) vehicles to electric vehicles (EVs). Many of these companies have been involved in the production