Home
All updates- EDGE Insights
Industries
All Updates
QuantumScape and Volkswagen to finalize the location of their joint production facility in 2021
MeMD rebrands as Walmart Health Virtual Care
Anzu.io teardown: leveling up video game advertising
Gatik to expand operations to Kansas following new encouraging state laws
Einride expands product offerings: introduces a new trailer and developer API and upgrades operating software platform
Einride expands product offerings: introduces a new trailer and developer API and upgrades operating software platform
Wingcopter partners with Continental Drones to deploy 12,000 drones across Africa
Klarna looking to raise USD 1 billion; funding reportedly discussed at a significant discount to its previous valuation
FaZe Clan appoints new president and COO
Soft Robotics expands mGripAI to consumer goods, ecommerce, and logistics sectors
Sense Arena raises USD 3 million for VR-based ice hockey training
Virtex raises USD 3.2 million in seed funding for its virtual stadiums
Virtex raises USD 3.2 million in seed funding for its virtual stadiums
Apple could launch its AR/VR headset soon
Esports team organization 100 Thieves to develop video game
PopID partners with SunCash to enable CBDC payments in the Bahamas
Fastly acquires Glitch to bring edge computing to web app development
Veeve to expand partnership with Albertsons after successful pilot program
Propy launches blockchain-based title and escrow services
Belong raises USD 80 million in Series C funding
PopID partners with SunCash to enable CBDC payments in the Bahamas
Grab records 6% YoY revenue growth in Q1 2022; deliveries segment increases 70% YoY
Takeoff Technologies partners with Tienda Inglesa to establish a micro-fuflfillment network
ION Energy’s subsidiary acquired for USD 40 million
ION Energy’s subsidiary acquired for USD 40 million
Cyscale raises EUR 3 million in seed funding
ITM Power receives GBP 9.3 million for gigastack testing
H2GO Power secures GBP 4.3 million for hydrogen storage
BSF Enterprise acquires 3D Bio-Tissues and goes public; plans to produce UK’s first cultivated meat
Evolved Meats raises CAD 2 million in seed funding
Peace of Meat and ENOUGH to jointly develop hybrid alternative meat products
Climate Tech - Energy
QuantumScape and Volkswagen to finalize the location of their joint production facility in 2021
-
QuantumScape, a next-generation battery startup, has entered into an agreement with the German automaker Volkswagen to select the location of their joint-venture solid-state battery pilot facility by the end of 2021. The companies are currently contemplating Salzgitter, Germany.
-
QuantumScape has been in a joint venture with Volkswagen since 2018 to jointly develop solid-state batteries for the automaker’s next-generation EVs. The pilot-line facility, QS-1, will initially be a one-gigawatt hour (GWh) battery cell production plant. QuantumScape and Volkswagen intend to expand production capacity by a further 20 GWh at the same location.
-
Founded in 2010, QuantumScape plans to develop solid-state lithium-metal batteries for electric vehicles. In August 2020, QuantumScape claimed that the range of its solid-state battery is 80% higher than a conventional lithium-ion battery. The company expects to develop a prototype of its batteries by 2022 and commence commercial production in 2024-2025. Earlier this month, QuantumScape also announced that it had leased a facility in California to house its pre-pilot production line, QS-0.
Sign-up for a free trial
