QuantumScape

QS

Market cap $7.31B

QuantumScape is working on electric vehicle (EV) technology that matters. It's not the only company doing so, however.

QuantumScape (QS +0.52%) is making major strides toward its long-awaited solid-state battery breakthrough, and investors are beginning to take notice. With fresh partnerships, promising test results, and expanding commercialization efforts, the upside potential is hard to ignore.

KYOTO, Japan--(BUSINESS WIRE)--QuantumScape Corporation (NYSE: QS), a global leader in next-generation solid-state lithium-metal battery technology, today convened the second annual Solid-State Battery Symposium in Kyoto, Japan, featuring presentations from industry leaders, automotive OEM customers and government officials. Following the successful inaugural Symposium last year, the focus for 2025 was on strategic Japanese partnerships driving innovation in next-generation battery technology a.

QuantumScape is making strides in developing its solid-state, lithium-metal battery technology. It has shipped samples of its QSE-5 cells, which are closer to being production ready.

QuantumScape is transitioning from pure R&D spending to revenue generation with Q3's first-ever customer billings of $12.8 million, validating both technology superiority and commercial viability. The company is transforming from a single-partner bet into a validated platform technology with broader industry appeal. QS has built a world-class manufacturing ecosystem with strategic partners, eliminating the need for massive CapEx while extending cash runway through 2029 and improving operational efficiencies.

EV and AV breakthroughs continue. QuantumScape, Alphabet's Waymo and Rivian are positioned to win big.

QuantumScape's stock hasn't generated life-changing gains over the past five years. The company has struggled to commercialize its battery designs.

QS leads a screen spotlighting stocks with accelerating EPS growth, highlighting firms showing sustained quarterly momentum.

This week's sell-off in QuantumScape shares comes after the stock has more than tripled in recent months. QuantumScape's market could be huge if its EV battery technology is adopted.

MGA, QS and LAZR navigate mixed demand, new tariffs and rising electronics needs as the auto equipment landscape shifts.