11:08 AM EDT, 09/08/2025 (MT Newswires) -- (Updates with the latest stock movement in the headline and the first paragraph.)
QuantumScape ( QS ) shares rose more than 25% in recent trading activity Monday after the company and Volkswagen Group's battery company PowerCo have unveiled the QS solid-state lithium-metal batteries at an event in Germany, according to a Monday statement.
The battery technology was demonstrated in a Ducati motorcycle that uses QSE-5 battery cells, which were produced using the QS Cobra production process, QuantumScape ( QS ) said.
According to the company, the QS batteries are designed for electric vehicles.
QuantumScape ( QS ) also said it recently expanded its strategic collaboration and licensing arrangement with PowerCo, now covering up to $131 million in new milestone-based payments over the next two years.
Price: 9.80, Change: +1.96, Percent Change: +25.00