QuantumScape and PowerCo Debut Solid-State Batteries in Ducati Motorcycle at IAA Mobility
Revolutionary Battery Technology Sees First Live Vehicle Demonstration
This demonstration represents a significant advancement in battery technology, showcasing the first anode-free solid-state batteries to move from laboratory discovery to real-world vehicle. QS’s revolutionary technology is ultimately aimed at meeting the EV industry's long-standing need for batteries that excel in five critical battery performance metrics – energy density, charging speed, safety, lifespan and cost-effectiveness.
The world premiere took place at IAA Mobility, where a modified Ducati V21L race motorcycle powered by QS solid-state technology rode across the main stage during an address from
"Today we've crossed the threshold from possibility to reality," said Dr.
“The EV revolution is the biggest transformation the automotive industry has ever seen,” said
The demonstration follows a series of major achievements from QS. In
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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 development and commercialization of QS’s battery technology, the anticipated benefits of QS’s technology, QSE-5 battery, and the expanded collaboration and licensing arrangement with PowerCo, including financial benefits to the company, the company’s plans and objectives for future operations and growth, the expected performance of its technology and its applications, the achievement of technical milestones, and the potential impacts of the company’s technology, among others. 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 due to various risks, including the successful development, production, scale up and commercialization of our solid-state battery technology, achieving technical and financial milestones, building out of high volume processes and otherwise scaling manufacturing, achieving the performance, quality, consistency, reliability, safety, cost and throughput required for commercial production and sale, changes in economic and financial conditions, market demand for EVs, retaining key personnel, competition, regulatory changes, broader economic conditions, and other factors, including those discussed in the section titled “Risk Factors” in our Annual Report and Quarterly Reports and other documents filed with the
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