QuantumScape (QS) Soars 12% on Electric Ducati V21L Optimism

QuantumScape Corp. (QS) saw a 12.43% increase in share value, closing at $9.95 on Friday. The surge came as optimism grew around the launch of the electric Ducati V21L, powered by Cobra-processed batteries. PowerCo, a VW Group subsidiary, showcased the electric Ducati V21L with QSE-5 battery cells earlier this week. The bike featured a cutting-edge battery system, marking a significant step for QS solid-state battery technology.

PowerCo CEO Frank Blome highlighted the potential of solid-state batteries to revolutionize high-performance vehicles. The partnership between QuantumScape and PowerCo aims to bring game-changing solid-state battery technology to the market.