[Editor’s note: “The Forever Battery That Promises to Change the EV Industry” was previously published in December 2021. It has since been updated to include the most relevant information available.] The EV Revolution is in full-swing right now. Tesla (NASDAQ:TSLA) has a market cap near 730 billion and, not long ago, opened its Texas gigafactory in April. Lucid (NASDAQ:LCID) recently rolled out its first cars with 500-plus miles of driving range. In November 2021, Rivian (NASDAQ:RIVN) had the bi
Solid-state battery developer QuantumScape Corp. (NYSE:QS) was a $54 billion stock just 18 months ago, but after an agonizing 93% decline in QS stock off a peak valuation printed in January 2021, QuantumScape’s equity valuation has fallen. Two factors could render the innovator a potential hostile takeover target… but how likely is the company an acquisition candidate? Periods of stock market declines and subdued equity valuations render some high-quality companies too cheap for both opportunist
QuantumScape (NYSE:QS), a development stage company that focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications, is claiming it is building the best battery for electric vehicles. That probably sounds like great news to anyone holding QS stock. Its solid-state lithium-metal battery technology brings significant enhancements compared to other types of batteries currently used by electric vehicles like “longer range, fas