QuantumScape Appoints Dr. Siva Sivaram President, Strengthening Senior Leadership Team
31 Julho 2023 - 5:25PM
Business Wire
Brings Extensive High-Volume Production
Experience as Company Drives to Commercialize Solid-State
Lithium-Metal Batteries
QuantumScape Corporation (NYSE: QS), a leader in next-generation
solid-state lithium-metal battery technology, today announced the
appointment of Dr. Siva Sivaram, President of Western Digital Corp.
and a veteran of the semiconductor and data storage industries, to
the newly created role of President.
In this position, Dr. Sivaram will oversee QuantumScape’s
technology and manufacturing groups as the company ramps up its
transition from R&D to production. Just last week, QuantumScape
announced it shipped updated prototype unit cells to automotive
customers, locked in on the ~5 amp-hour QSE-5 cell as its target
first commercial product, revealed it was working with a
prospective launch customer on QSE-5, and completed equipment
installation for its new fast separator production process.
“We’re thrilled to have Siva join the team,” said QuantumScape
CEO Jagdeep Singh. “There are very few people in the world who have
run businesses with extremely high production volumes that also
involve complex technologies and sophisticated manufacturing
processes, and he is one of them. I’m delighted to work with him to
help bring our vision to reality.”
In a statement about his appointment, Dr. Sivaram said: “I
couldn’t be more excited to be joining QuantumScape, the leader in
solid-state battery technology. The combination of QuantumScape’s
disruptive technology, world-class team, and the massive market for
next-gen batteries makes this a once-in-a-lifetime opportunity. I
look forward to helping the company realize its vision.”
Dr. Sivaram brings an exceptional background with both
manufacturing expertise and technical depth to QuantumScape, having
worked on complex products that have shipped millions of units and
generated billions of dollars in revenue annually.
Most recently, Dr. Sivaram has served as the President of
Technology and Strategy at Western Digital, a leader in the data
storage sector, where he led corporate strategy and technology.
Prior to joining Western Digital, Dr. Sivaram was Executive Vice
President of Memory Technology at SanDisk. Before that, he founded
and headed Twin Creek Technologies, an American manufacturer
specializing in novel solar cells and equipment, and held several
leadership positions for global technology manufacturers, including
Intel and Matrix Semiconductor – the pioneer in 3D semiconductors.
Dr. Sivaram holds a Ph.D. and M.S. in materials science from
Rensselaer Polytechnic Institute and a B.S. in mechanical
engineering from the National Institute of Technology, Trichy.
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
Certain information in this press release may be considered
“forward-looking statements,” within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, including, without
limitation, statements regarding the company’s prospects and the
timing of the management change. 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. Because forward-looking statements are
inherently subject to risks and uncertainties, some of which cannot
be predicted or quantified, you should not rely upon
forward-looking statements as predictions of future events. The
events and circumstances reflected in the forward-looking
statements may not be achieved or occur and actual results could
differ materially from those projected in the forward-looking
statements, including due to changes in economic and financial
conditions and due to other factors discussed in the section titled
“Risk Factors” in our Annual Report and Quarterly Reports and other
documents filed with the SEC from time to time. Except as otherwise
required by applicable law, the company disclaims any duty to
update any forward-looking statements.
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