QuantumScape Rockets 200% on Solid-State Battery Breakthrough – Revolution or Reckoning?
QuantumScape shares surged nearly 200% in 2025, reaching $17.6 on Oct. 13 after announcing joint development deals with Corning and Murata Manufacturing. Volkswagen’s battery arm committed $261 million in milestone funding, extending QS’s cash runway. A Ducati e-motorcycle using QS’s solid-state cells achieved a rapid charge demo. QS remains pre-revenue, posting a $115 million Q2 loss, with analysts warning of high downside risk.