Electric vehicles (EVs) are poised to revolutionize travel. Yet, like any trailblazing technology, EV batteries have a way to go before widespread adoption is commonplace.

QuantumScape (NYSE: QS) is a company at the forefront of battery innovation. Its mission is simple: To overcome the limitations of modern lithium-ion battery technology and pave the way for a cleaner, electrified future. The company made news earlier this year when it had positive results during an endurance test, and it recently secured funding to extend its runway for a couple more years.

With such developments, is now a good time to invest in the EV battery company? Let's dive into the business to find out.

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Source Fool.com