New agreement: The battery company PowerCo will receive the license for series production of the solid-state battery from QuantumScape.
Volkswagen's battery company PowerCo successfully tests solid-state cell
Volkswagen AG
Volkswagen battery company PowerCo and QuantumScape have announced a new agreement to industrialize QuantumScape's lithium metal solid-state technology. PowerCo, founded in 2022, is to receive the license for series production of battery cells based on QuantumScape technology. The agreement replaces the previous joint venture between the Volkswagen Group and its US partner QuantumScape for the joint production of battery cells. A team of experts from both companies will work together on industrialization.
QuantumScape has developed a solid ceramic separator that enables the use of pure lithium metal anodes. They are designed to enable high energy and power density, high charging speed and a robust safety profile. PowerCo recently announced successful tests with a solid-state cell from QuantumScape. Under the non-exclusive license, PowerCo can produce up to 40 GWh per year with Quantumscape technology. Optionally, the capacity can be expanded to up to 80 GWh per year. "This agreement is a major step in our long-term global scale-up strategy to bring QuantumScape’s solid-state lithium-metal battery technology to market", said Dr. Siva Sivaram, CEO and president of QuantumScape.
This is a partly automated translation of this German article.
