QuantumScape Ships First 24-Layer Prototype Battery Cells to Automotive OEMs
20 Dezembro 2022 - 8:50AM
Business Wire
QuantumScape Corporation (NYSE:QS) today announced it has
shipped its first 24-layer prototype lithium-metal battery cells to
automotive OEMs for testing. Delivery of these cells, referred to
as A0 samples, was the company’s key public milestone for the year,
and achieving this goal represents an important step toward the
commercialization of this technology.
With 24 layers, each comprising a solid-state separator, a
cathode, and an in-situ-formed lithium-metal anode, these prototype
cells have capacities in the multi-amp-hour range, a range the
company believes is relevant for a variety of applications,
including automotive and consumer electronics.
With these cells, the OEMs can start the testing process at
their facilities and provide feedback on the performance of the
cells. The company still has substantial work ahead to bring this
technology to market, including improvements to the quality,
consistency, and throughput of its production processes, and
additional enhancements on the product side, such as increased
cathode capacity loading and improved packaging efficiency. The
company expects to deliver improvements on these fronts in
subsequent generations of A, B, and C samples over the coming
years.
“I’m proud of our team for all the effort and determination that
went into achieving this milestone, especially in light of the
challenges we encountered this year,” said Jagdeep Singh, CEO and
co-founder of QuantumScape. “While this milestone brings us closer
to our ultimate goal, there’s still a lot to do before this
technology becomes a commercial product, and we now turn our
attention to this important work.”
The A0 cells were built in QuantumScape’s new cell format, which
was another important goal for the year. This new architecture is a
hybrid between prismatic and pouch cells designed to support the
uniaxial expansion and contraction of the lithium metal during
charge and discharge. The company plans to host a virtual event in
the new year to share more about this innovative new cell format.
Details will be posted on QuantumScape’s website and social media
accounts.
About QuantumScape Corporation
QuantumScape is on a mission to transform energy storage with
solid-state lithium-metal battery technology. The company’s
next-generation batteries are designed to enable greater energy
density, faster charging, and enhanced safety to support the
transition away from legacy energy sources toward a lower carbon
future. For more information, visit www.quantumscape.com.
Forward-Looking Statements
The information in this press release includes “forward-looking
statements” within the meaning of Section 27A of the Securities Act
and Section 21E of the Securities Exchange Act of 1934, as amended.
All statements, other than statements of present or historical fact
included in this press release, including, without limitation,
regarding the development, performance, and commercialization of
QuantumScape’s products and technology are forward-looking
statements.
These forward-looking statements are based on management’s
current expectations, assumptions, hopes, beliefs, intentions and
strategies regarding future events and are based on currently
available information as to the outcome and timing of future
events. The company cautions you that these forward-looking
statements are subject to significant risks and uncertainties and
other factors that could cause QuantumScape’s development and
commercialization timeline and QuantumScape’s actual results to
differ materially from current expectations. Most of these factors
are outside QuantumScape’s control and are difficult to predict.
Factors that may cause such differences include, but are not
limited to the following: (i) QuantumScape faces significant
barriers in its attempts to scale and complete development of its
solid-state battery cell and related manufacturing processes, and
development may not be successful, (ii) QuantumScape may encounter
substantial delays in the development, manufacture, regulatory
approval, and launch of QuantumScape solid-state battery cells and
building out of its manufacturing facilities, which could prevent
QuantumScape from developing subsequent prototypes and
commercializing products on a timely basis, if at all, (iii)
QuantumScape may be unable to adequately control the costs of
manufacturing its solid-state separator and battery cells and (iv)
customer demand and/or required specifications may change.
QuantumScape cautions that the foregoing list of factors is not
exclusive. Additional information about factors that could
materially affect QuantumScape is set forth under the “Risk
Factors” section in the QuantumScape’s Quarterly Report on Form
10-Q filed with the Securities and Exchange Commission on October
28, 2022, and available on the SEC’s website at www.sec.gov.
Except as otherwise required by applicable law, QuantumScape
disclaims any duty to update any forward-looking statements, all of
which are expressly qualified by the statements in this section, to
reflect events or circumstances after the date of this press
release. Should underlying assumptions prove incorrect, actual
results and projections could different materially from those
expressed in any forward-looking statements.
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