Volkswagen invests additional USD100 million in QuantumScape for solid-state battery tech
Amount part of total USD200-million-investment; QuantumScape met ‘technical milestone’ with VW
QuantumScape has announced it has successfully met the technical milestone that was a condition to close the investment of an additional USD100 million by Volkswagen Group of America Investments, LLC into the company, according to an Securities and Exchange Commission (SEC) filing on 31 March.
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