VW-backed solid-state battery firm QuantumScape is going public

VW-backed solid-state battery firm QuantumScape is going public

Volkswagen ID Space Vizzion conceptQuantumScape, the decade-old solid-state battery startup backed by Volkswagen, is going public. This will be accomplished through a reverse merger with Kensington Capital Acquisition Corp., with an enterprise value of approximately $ 3.3 billion, the startup said in a press release Thursday. Kensington is a special-purpose acquisition…

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