Mexican Media Brands
VW Reportedly Buys Stake in U.S. Batterymaker
Volkswagen AG has acquired 5% of QuantumScape Corp., a California-based developer of next-generation battery technologies, sources tell Bloomberg News.
#hybrid
Share
Volkswagen AG has acquired 5% of QuantumScape Corp., a California-based developer of next-generation battery technologies, sources tell Bloomberg News.
The four-year-old startup is working on a solid-state battery chemistry that can't overheat as lithium-ion batteries can. VW CEO Martin Winterkorn says the technology has the potential to boost the range of the carmaker's battery-powered Golf to more than 400 miles from the 83 miles for the current model.
Bloomberg says QuantumScape hopes to complete tests next summer to prove the viability of its battery for automotive use.
RELATED CONTENT
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec
-
GM Develops a New Electrical Platform
GM engineers create a better electrical architecture that can handle the ever-increasing needs of vehicle systems
-
On Fuel Cells, Battery Enclosures, and Lucid Air
A skateboard for fuel cells, building a better battery enclosure, what ADAS does, a big engine for boats, the curious case of lean production, what drivers think, and why Lucid is remarkable
