QuantumScape Signs Joint Development Agreement With Top-10 Global Automaker

Reuters12-17
QuantumScape Signs Joint Development Agreement With Top-10 Global Automaker

QuantumScape Corporation announced that it has signed a joint development agreement (JDA) with a new automotive original equipment manufacturer (OEM) customer, identified as a Top-10 global automaker. This agreement is part of QuantumScape's efforts to expand commercial engagement with automotive customers and technology partners. Over the past year, the company has also entered into an expanded collaboration and licensing deal with PowerCo, the battery maker of the Volkswagen Group, signed JDAs with two major global automakers, initiated a technology evaluation agreement with another major global automaker, and established agreements to develop high-volume ceramic separator production with Murata Manufacturing and Corning.

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