Solid state batteriesI am no scientist but the i trust the price action and it tells me that this techology
while promissing is not for tomorrow.Quantumscape (QS) is down 15% on that news.
and it's down from a high of more than $120 in Dec. 2020.
It reminds me Ballard Power.In early 2000, all the hype was about hydrogen fuel cells.
Cars and buses would all be propeled in a not to distant futur buy these fuel cells.
Well fast forward 23 years.There are some application for these cells but i am still
looking around for massive cars and bus adoption.
Don't get me wrong, solid state or another technology may come to replace ICE but
i will believe it when i see it.
-QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today commenced a proposed underwritten public offering of shares of its Class A common stock.
QuantumScape intends to offer $300 million of shares of its Class A common stock for working capital and general corporate purposes.