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<blockquote data-quote="Weather Man" data-source="post: 16600564" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3678248-quantumscape-rallies-after-volkswagen-approves-second-100m-investment" target="_blank">QuantumScape rallies after Volkswagen approves second $100M investment</a></p><ul> <li data-xf-list-type="ul">QuantumScape (NYSE:<a href="https://seekingalpha.com/symbol/QS" target="_blank">QS</a>) jumps after the company discloses that it successfully met the technical milestone that was a condition for an additional $100M investment by Volkswagen (<a href="https://seekingalpha.com/symbol/VLKAF" target="_blank">OTCPK:VLKAF</a>).</li> <li data-xf-list-type="ul">The milestone required Volkswagen to successfully test the latest generation of QuantumScape's solid-state lithium-metal cells in the automaker's labs in Germany.</li> <li data-xf-list-type="ul">The $100M investment will close on May 14.</li> <li data-xf-list-type="ul">"We are delighted to have met this technical milestone with Volkswagen, and we look forward to working jointly to bring solid-state lithium-metal battery technology into industrialized mass-production," says QuantumScape CEO Jagdeep Singh.</li> <li data-xf-list-type="ul">Shares of QuantumScape are up 7.75% in AH trading.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16600564, member: 137766"] [URL='https://seekingalpha.com/news/3678248-quantumscape-rallies-after-volkswagen-approves-second-100m-investment']QuantumScape rallies after Volkswagen approves second $100M investment[/URL] [LIST] [*]QuantumScape (NYSE:[URL='https://seekingalpha.com/symbol/QS']QS[/URL]) jumps after the company discloses that it successfully met the technical milestone that was a condition for an additional $100M investment by Volkswagen ([URL='https://seekingalpha.com/symbol/VLKAF']OTCPK:VLKAF[/URL]). [*]The milestone required Volkswagen to successfully test the latest generation of QuantumScape's solid-state lithium-metal cells in the automaker's labs in Germany. [*]The $100M investment will close on May 14. [*]"We are delighted to have met this technical milestone with Volkswagen, and we look forward to working jointly to bring solid-state lithium-metal battery technology into industrialized mass-production," says QuantumScape CEO Jagdeep Singh. [*]Shares of QuantumScape are up 7.75% in AH trading. [/LIST] [/QUOTE]
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