LOS ANGELES: The Volkswagen Group is making an additional investment of up to US$200 million in US solid-state battery specialist QuantumScape.
In future, solid-state batteries are expected to significantly increase range and shorten charging times further.
Solid-state batteries are seen as the most promising technology for the next-but-one generation of e-mobility.
With the same size of a current battery pack, the solid-state battery could enable electrical ranges at the level of conventional drives.
Moreover, charging time could be significantly shortened.
“Volkswagen is taking e-mobility to the mainstream. A strong position in the field of batteries is a decisive factor in this regard”, said Frank Blome, Head of the Battery Cell business, Volkswagen Group Components.
“We are securing our global supply base with efficient producers, gradually building up manufacturing capacities and driving the development of cutting-edge solid-state battery technology. Our focus in this context is on long-term strategic partnerships.”
The Volkswagen Group and QuantumScape have also been collaborating in a joint venture to enable industrial-level production of solid-state batteries since 2018.