QuantumScape (QS) Investor presentation summary

Technology milestones and product development

• Achieved world-first validation of full cell cycling with lithium-metal at automotive rates and demonstrated a solid-state separator meeting automotive requirements.

• QSE-5 B-sample prototype features 844 Wh/L energy density, 301 Wh/kg, and <15-min fast charge capability.

• Debuted solid-state batteries in a Ducati V21L motorcycle, showcasing real-world application and performance.

• QS's anode-free architecture enables higher energy density, improved cycle life, cost reduction, and enhanced safety.

• Fast charge capability demonstrated: 10-80% state of charge in under 15 minutes at 45°C.

Strategic partnerships and commercialization

• Longstanding collaboration with Volkswagen Group and PowerCo, including joint ventures, licensing, and milestone-based investments exceeding $380M.

• Agreements with other major global automotive OEMs, consumer electronics, and stationary storage sectors.

• Partner ecosystem includes Murata, Corning, and others to accelerate high-volume manufacturing and commercialization.

• Two IP monetization pathways: near-term cash from development activities and long-term recurring royalties from licensing.

Manufacturing and operational progress

• Eagle Line inaugurated as a blueprint for scalable production of QS technology.

• Cobra separator process enters baseline production, with ongoing ramp-up of Raptor and Cobra processes for higher throughput.

• Roadmap includes shipping higher-volume QSE-5 B1 samples and expanding commercial engagements.

• Focus on operationalizing a capital-light business model and building a global partner ecosystem.