QuantumScape Is Coming for Tesla — The Volkswagen-Backed Company’s Latest Decision to Go Public
QuantumScape’s IPO will bring us one step closer to a world with electric cars only.
QuantumScape, the solid-state-battery manufacturer, is going public, making them the first U.S. battery manufacturer to go public in a decade. Their technology can dramatically change our way of life.
When Steve Jobs unveiled the iPhone in 2007, we immediately knew that the multi touch screen was something that we needed. The device was revolutionary; it left its mark on humanity — it was a game-changer.
Now, in September 2020, QuantumScape claimed to have solved a 50-year-old conundrum: a ready-to-use solid-state lithium battery. The company also stated that the German car manufacturer Volkswagen would have cars on the street by 2025 using this technology. To top it all, the company also announced that they are going public.
Let’s take a step back and walk through this massive news one step at a time.
What is a solid-state lithium battery?
Since the 1970s, scientists have known that lithium would make a fantastic battery. Researchers worldwide joined a race to develop a lithium battery…
