With its stock price down about 72% year-to-date amid an overall cooling in the SPAC craze, QuantumScape founder and CEO Jagdeep Singh has a message to the market.
The upstart solid state battery maker remains on track with everything it said it would do when it debuted via a SPAC transaction late in 2020.
Singh said on Yahoo Finance Live the company is still eyeing commercialization of its battery technology in the 2024-2025 timeframe. Its key partner and backer Volkswagen will be the…
Source link