Quantumscape Teams Up With Honda for Solid-State Battery Technology

<p align&equals;"left"><strong>SAN JOSE<&sol;strong> &&num;8212&semi; <a href&equals;"https&colon;&sol;&sol;www&period;globenewswire&period;com&sol;Tracker&quest;data&equals;jXFXLLgNbXe6BRjdg8g65aMKggFr&lowbar;sf2EEPRXY89qW-mqWIu4V4bFZjREHAx2KPycxeVWLqMKJ9lH-DnJ9tnpoV49vPvoVTcQvbmW6SJ&lowbar;vM&equals;" target&equals;"&lowbar;blank" rel&equals;"noopener noreferrer" data-once&equals;"external-links" aria-label&equals;"QuantumScape Corporation &lpar;opens in new tab&rpar;">QuantumScape Corporation<&sol;a>&comma; a developer of next-generation solid-state lithium-metal battery technology&comma; has announced a joint research agreement with Honda R&amp&semi;D Co&period;&comma; Ltd&period;&comma; a subsidiary of Honda Motor Co&period;&comma; Ltd&period;&comma; one of the world’s leading manufacturers of automobiles&comma; motorcycles and power equipment&period; The companies hope to advance the QS battery platform through the partnership and expertise of both parties&period;<&sol;p>&NewLine;<p align&equals;"left">The joint program includes a multi-year plan focused on solid-state battery development and associated manufacturing processes&period;<&sol;p>&NewLine;<p align&equals;"left">The agreement follows Honda’s successful completion of a technology evaluation agreement with QS&comma; which included an in-depth&comma; hands-on technical study of QS’s solid-state technology platform as well as competitive benchmarking across a range of standard technical tests&period;<&sol;p>&NewLine;<p align&equals;"left">&OpenCurlyDoubleQuote;QS technology demonstrated compelling and unique advantages during our evaluation&comma;” said Atsushi Ogawa&comma; Chief Operating Officer&comma; Research Center of Excellence&comma; Honda R&amp&semi;D Co&period;&comma; Ltd&period; &OpenCurlyDoubleQuote;We see potential for QS technology to add value across a range of applications&comma; including automotive&comma; and we are excited to move forward into the next phase of our partnership&period;”<&sol;p>&NewLine;<p align&equals;"left">&OpenCurlyDoubleQuote;Honda is a leading global automaker renowned for its engineering excellence and product quality across automotive and other applications worldwide&comma; and its evaluation represents one of the most rigorous assessments of our technology to date&comma;” said Dr&period; Siva Sivaram&comma; CEO and President of QS&period; &OpenCurlyDoubleQuote;This agreement reflects the growing confidence in QS solid-state lithium-metal batteries to enable safer&comma; higher-density energy storage&period;”<&sol;p>&NewLine;