Tag: Volkswagen Group

Volkswagen invests extra $200mn in solid-state battery company QuantumScape

German automobile manufacturing giant Volkswagen recently announced that it has increased its stake in US-based solid state battery company QuantumScape. The automaker has recently invested another $200mn in the Stanford University spinout startup to boost the development of solid-state battery technology that aims to increase the ranges of electric cars and shorten charging times. “We…