QuantumScape and PowerCo formed the joint venture Ultium Cells LLC to conduct battery development work.
2 reports, 2 independent
Updated Aug 28
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What happened
QuantumScape and PowerCo formed the joint venture Ultium Cells LLC to conduct battery development work.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- LG Energy Solution, General Motors, Honda, and partners establish major manufacturing hubs in North America for Energy Storage Systems (ESS) batteries.Sub-event
- QuantumScape and Powerco expanded their collaboration, introducing new milestone payments with Volkswagen's battery subsidiary.Sub-event
QuantumScape forms JV with PowerCo for battery development.1 source
Collaboration between Powerco and QuantumScape expands to include Volkswagen.1 source
Keep exploring
Part of
Several companies, including Amprius, Lithium Americas, QuantumScape, Critical Metals, and Enovix, are advancing high energy density and solid-state lithium-ion battery technology while exploring properties in the US and Canada.Also in this story
- Eni is acquiring a 25% stake in a lithium project through Energy Exploration Technologies.
- Lithium Americas (Argentina) Corp., based in Argentina and publicly traded on the NYSE, is advancing the Cauchari-Olaroz lithium brine project utilizing reserves in the Lithium Triangle.
- QuantumScape develops solid-state lithium-metal batteries.
- Prototype batteries utilizing AI-2 silicon anodes were successfully manufactured on the HVM line, accelerating the R&D platform.
The entities involved
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QuantumScape
American battery manufacturer
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General Motors
American multinational automotive company
Related events
Coverage
Newest first; wire copies grouped- ZacksCan QuantumScape's Business Model Reduce Losses & Boost Stability? QuantumScape Corporation QS, a battery developer for electric vehicle use, operates with a capital-light model that focuses on two p
- Simply Wall St.Why QuantumScape (QS) Is Down 7.3% After Announcing New Automotive Partnerships and Expanded VW Collaboration QuantumScape announced an expanded collaboration with PowerCo, Volkswagen’s battery subsi