Investors are still waiting for a meaningful product advance from Quantumscape.
The gloom around the EV industry has affected the next-generation battery developer, but it presents a chance to get its shares at a bargain price.
The electric vehicle (EV) transition feels like it’s further along than where it is. Beyond macroeconomic concerns that may be keeping consumers out of the market, advancements in battery technology will be crucial for the mass adoption that is still the likely outcome for this sector. And that’s why now is a good time to invest in battery stocks. Despite the proliferation of television commercials that are creating awareness, EVs currently make up about 9% of new car sales in the United States.