Volkswagen Group’s battery company PowerCo and QuantumScape have entered into a groundbreaking agreement to industrialize QuantumScape’s next-generation solid-state lithium-metal battery technology. Upon satisfactory technical progress and certain royalty payments, QuantumScape will grant PowerCo the license to mass produce battery cells based on QuantumScape’s technology platform. Under the non-exclusive license, PowerCo can manufacture up to 40 […]