"QuantumScape's Breakthrough Battery Test with VW Sparks Investor Debate"
Originally Published 2 years ago — by InvestorPlace
QuantumScape (NYSE:QS), an EV battery company, saw its stock surge over 40% after Volkswagen's PowerCo confirmed its solid-state lithium-metal battery passed a significant endurance test. Despite the positive news and backing from high-profile investors, the company remains speculative with a history of stock volatility and is still expected to incur losses in the near future. Analysts are cautious, with no current "buy" ratings, and the stock faces stiff competition in the EV battery sector. Investors are advised to be wary, as the recent stock rally may be influenced by a short squeeze and may not be sustainable.