"QuantumScape's Solid-State EV Battery Triumph Spurs Investor Frenzy Amidst Dow's Decline"

QuantumScape's stock (QS) experienced a significant increase after Volkswagen's battery subsidiary PowerCo announced successful endurance test results for QuantumScape's solid-state battery (SSB). The 24-layer SSB surpassed expectations by completing over 1,000 charging cycles while retaining more than 95% capacity, indicating a potential for high-mileage electric vehicles with durable and quickly chargeable batteries. Despite the breakthrough, no timeline has been provided for the production or commercialization of the SSB, leaving investors anticipating further developments.