QuantumScape Corporation is trading 4.7% up at $7.22 following the announcement of a joint research agreement with Honda R&D Co., Ltd.

  • The multi-year program will focus on advancing QuantumScape’s solid-state battery platform through combined contributions and expertise.
  • This agreement follows Honda's successful evaluation of QuantumScape's technology, which demonstrated compelling and unique advantages.
  • The partnership signals growing confidence in QuantumScape's solid-state lithium-metal batteries for various applications, including automotive.