Why QuantumScape Stock Jumped Over 15% Today

Shares of QuantumScape (NYSE: QS) exploded on Wednesday and were trading over 16% through 1:30 p.m. ET. The developer of solid-state lithium-metal batteries for electric vehicles just signed a partnership, and investors see this as a big milestone and catalyst for QuantumScape stock.Image source: Getty Images.QuantumScape is partnering with Corning (NYSE: GLW) to jointly develop ceramic separators in high volumes for commercial uses. Instead of polymer separators that are used in traditional lithium-ion batteries, QuantumScape uses ceramic separators that seemingly make the batteries safer, more energy dense, longer lasting, and faster to charge, among other things.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool