The battery company announced at a recent press conference that it would go public through a reverse merger with Kensington Capital Acquisition Company, with a company valuation of about $3.3 billion. Kensington is a special purpose acquisition company, which is the same as the shell companies used by other automobile start-ups (including Nikola Nikola, Fisker and Cano Canoo) to go public in recent months.
QuantumScape, founded on 20 10, is one of several companies seeking to commercialize solid-state battery technology. It is so named because its battery uses solid electrolyte, rather than the liquid used in the chemical composition of lithium-ion batteries at present.
QuantumScape is developing a lithium metal battery whose ceramic electrolyte is nonflammable and safer than traditional liquid electrolyte. The company claims that its lithium metal anode can be charged 80% in 15 minutes, which eliminates the lithium diffusion defect in the traditional anode and has higher energy density than the lithium-ion battery.
Volkswagen started to cooperate with QuantumScape from 20 12, and announced an additional investment of 200 million US dollars in June this year. Over the years, the company has been proving its strength to the public, and the public is also considering putting some of its technologies into production, which can be traced back to 20 15 at the earliest.
Recently, Volkswagen said that it will provide solid-state batteries for some cars in a limited way by 2025. But Volkswagen did not specify that they would come from QuantumScape. Among other automakers, Toyota said that its solid-state battery car may be listed as early as 2025. Earlier this year, a Toyota executive said that the prototype was being tested.
However, Toyota and Tesla's long-term partner Panasonic are not so optimistic about the promotion of solid-state battery technology. In 20 18, the CEO of Panasonic North America said that mass production of solid-state batteries would take at least 10 years. (Author/Little Devil)
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.