The most recent success of QuantumScape with its Cobra separator process is an important point in the history of moving solid-state batteries into the electric vehicle world. The new process makes the heat treatment process about 25 times faster than the process adopted by company previously, and occupies far less space. Such changes are significant since they facilitate the production of large-scale batteries at a lower cost. That milestone brings QuantumScape a step closer to its technology being commercially feasible. The alliance between the company and the PowerCo of Volkswagen provides vitality to the future strategy of the company.
Despite such good news, QuantumScape has many obstacles to overcome. The firm is yet to begin collecting more profits, as it has been operating in a rough market. Toyota, Samsung and LG Chem are just some examples of big companies that are also developing solid-state batteries and have greater resources and experience. There are others already getting nearer to the commercial production of batteries. This is forcing QuantumScape to deliver on its production targets in the near future. The losses incurred by the company and the fluctuations in the price of the stock indicate the hardness of turning the new technology into stable profits.
The Cobra process provides QuantumScape with a healthy foundation on which it can grow in the future. This will be very critical in ensuring that it meets its production needs in 2025 in a bid to exploit the increasing need for improved batteries in electric vehicles. The company is yet to scale some more obstacles, but with this milestone, it is now hopeful that QuantumScape is on its way to developing products into a manufacturing giant in the battery sector.
QuantumScape Corporation (NYSE: QS) recently achieved a significant manufacturing milestone, leading to a 35% surge in its stock during after-hours trading.