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QuantumScape Is Starting to Deliver on Its Lofty 2024 Goals

TheMotleyFool

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QuantumScape Is Starting to Deliver on Its Lofty 2024 Goals: https://g.foolcdn.com/editorial/images/770873/electric-vehicle-charging-station-ev.jpg

QuantumScape (NYSE: QS) wants to revolutionize the electric vehicle (EV) battery charging experience. 2024 has marked a slowdown in the pace of growth for EV sales. Many consumers are hesitant to transition to electric cars due to charging concerns.

But QuantumScape's solid-state battery technology could address range anxiety and reinvigorate interest in EVs. Today, the company's stock jumped as much as 10% after it announced another step toward commercializing its batteries.

Source Fool.com

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