QuantumScape announces Honda partnership, restructures VW deal, and launches three business verticals

Filed July 22, 2026 · Period ending July 22, 2026 · ~2 min read

Key Changes

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  Entered multi-year partnership with Honda to advance solid-state lithium-metal battery technology for automotive and other applications in Honda's product portfolio, following rigorous assessment of QuantumScape's ceramic separator and anode-free architecture.

  Exhibit 99.1 view on EDGAR →
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  Amended collaboration and licensing arrangement with Volkswagen PowerCo, revising milestones and payments to focus on automotive cell development, larger format cells, and future technology roadmap; specific financial terms not disclosed.

  Exhibit 99.1 view on EDGAR →
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  Established three business verticals: QSEV for electric vehicles, QSDC for AI data centers, and QSAS for aerospace and defense applications, targeting diverse markets with solid-state battery technology.

  Exhibit 99.1 view on EDGAR →