EV-Battery Startup QuantumScape Soars on Tech Breakthrough

Feb.19 -- QuantumScape Chief Executive Officer Jagdeep Singh discusses how his company is developing multi-layered solid state lithium batteries for electric vehicles, which are safer and more efficient than current EV batteries. He speaks to Taylor Riggs on "Bloomberg Technology."

[@Dom-kk4sl]

STOP TALKING!!! START SHOWING

[@tigertalar]

Rememeber Theranos, Nikola? We do. Live demo or it doesn't exist.

[@Pouyasin]

BILL Gates AND VW invest in this company

[@paulf3353]

@@Pouyasin so what? GM invested in Nikola, WBA invested in THeranos

[@samueltorres2485]

@@paulf3353 yeah but bill gates doesnt fail. What he invests in grows and succeeds.

[@bob15479]

Nikola was led by a young smooth talker with a history of fraud. This is a seasoned industry expert with a track record

[@samueltorres2485]

@@bob15479 i agree. I also dont see a world where bill gates invests heavily into something then loses money. The dude is a success magnet.

[@julieta203]

Just breakthrough after breakthrough another 10y of breakthroughs to go inc the prior 10y. This is just to pump the shareprice up. expect to see this guy making breakthroughs everytime the shareprice drops.

[@timedone8502]

Isn’t evaluation of the whole EV sector based purely on “breakthroughs”..

[@ACGBLR]

Exactly, he didn’t talk specs at all. Just a word salads.

[@jc.1191]

Jeremy Grantham is behind funding. He is honest, and he isn't interested in price manipulation.

[@jukio02]

I hope this decade we finally get commercial solid state batteries. I have been waiting like 6 years for it.

[@markplott4820]

TESLA Advance 4680 are already cheaper to make and Superior Performance.

[@seasong7655]

It's already being sold in Mercedes buses.

[@jc.1191]

Very likely, everyone is working on it.

[@ReevansElectro]

"If we can get this battery to commercial production." "In production vehicles by 2025." Where will Tesla be by then?

[@phildurre9492]

EV’s are all about the battery, no fast charger, no light weight, no long range, means the car is not competitive... so unless tesla develops a better battery, they will be behind.

[@ACGBLR]

@@phildurre9492 lol Tesla will have their batteries at greater specs in the next couple of years. They are showing tests with 4000 cycle life, while these companies are struggling at 800 cycle life.

[@terencereeder9830]

@@phildurre9492 Do you work for Shell or BP ?

[@nreaction]

@@phildurre9492 first own a tesla first, clearly youre very ignorant about tesla.

[@rojavabashur6455]

@@ACGBLR But still stuck with litium-ion while others are producing lithium-metal with twice the energy density and much safer while still doing 800-1000 cycles which is the lifespan of a car.

[@tonyrebeiro]

They announce breakthroughs, get all the attention and then agree to drag their feet, most probably to get compensated heavily by Big Oil under the table, to ultimately delay the process of totally displacing Big oil from the domestic transport industry. This process has been ongoing now, for over 30 years.

[@RS-jb1lf]

The fact that Singh and the QuantumScape team have had their data reviewed by one of the founding fathers of Lithium batteries, Professor M. Stanley Whittingham (Nobel Prize for Chemistry) fills me with a lot of confidence. These guys are holding parents to the future of EV. I’m incredibly bullish and holding a sizeable amount to pay for my sons college when they go to production in 2024.

[@davefroman4700]

Tons of people have SSB prototypes. Lets see you demonstrate a scalable manufacturing process for them. That is the real road block.

[@othoapproto9603]

Gosh, I'm tired of battery "BREAKTHROUGH" stories! Why is it they never come to market?

[@robinsss]

the cheaper EV battery is already on the market being produced by several companies

[@othoapproto9603]

@@robinsss no they are not

[@robinsss]

@@othoapproto9603 there are lists of EVs on the market now below 20 thousand to do that they must have used new batteries

[@FJUH]

You didn’t listen to the article!! This isn’t a “battery breakthrough” so much as upscaling a proof of concept. Solid state as a concept has been around for a long time, VW started investing in Quantumscape in 2012. If you want a better battery then invest in an excellent battery producer!!

[@othoapproto9603]

@@FJUH that's my point, the author mislabeled the video. 90% of batteries are solid-state come up with a new name for this tech to better describe it.

[@zyonwong]

the insiders would have cashed out before production at 25

[@Zaero55]

@Bloomberg Technology scam

[@rinchhensherpa6972]

0-85% in 15 mins, heard that before. Now can we just 🚀the stock price to it's previous highs 🤷so I can sell all my Quantumscape stocks in 0-1 minute. 🤣

[@thoumyhaiti84]

Who's here after the short seller report from Scorpion Fund? If the report is true. QuantumScape will make Theranos looks like child play

[@henrybriley1334]

Tesla doesn’t take an hour to charge on a super charger.

[@brickhunter9537]

At some point QS needs to put up or shut up, they keep pushing back production 3 years. In 2025 they will punch back production to 2028. 🙄

[@Shadismic]

Oh no, not another one. Just the fact that they showed some battery pouch without showing it at work, rings an alarm bell. Chief Tokalot of the solid state tribe, meet my Elon.

[@hrhamada1982]

people on both sides are looking at this in too polar (edit: "two polar" no pun originally intended) Don't look at these as an "either or" for traditional lithium ion batteries. Look at these as the "next generation" of standard lithium ion. Volkswagon/Audi/Bugatti, etc will use LIon batteries up through about 2030 or so and then move to solid state. And the rest of the industry will need to follow even if not using QS own with solid state, even if it is not QS patent, just to stay in business. There are two separate plays here just like every other stock. Not just one play. you can either day trade this or you can buy for the future. it is not only one or the other

[@investingthelike111]

glad he's honest "a lot more work to be done" I wish them all the best, though they need be pushing out a 3000 cycle battery , I believe they are only at 800 cycles?

[@robinsss]

where's you get that info?

[@dukequack6209]

Vaporware. Catch you guys in a year 👍

[@stereoreviewx]

if we can. he actually said that

[@ThugByChoice]

Yo! Let me get one of those in my cell phone!

[@17teacmrocks]

is it an actual breakthrough or simply progress

[@alexfrank1831]

Can't wait to drive an e-Sirocco with a QuantumScape battery!

[@johnwhaley6081]

He is either brilliant and this will be the investment of the century, or another great American bs artist.

[@ahhu.]

The host made that sound at 3:40 like she knows what he's talking about 🤣

[@pairojeans]

Amp hours, storage density, actual output of current multi layer cells? Nothing just hype blah blah all sounds like bollocks.

[@CTRwannaB]

But didn’t they just get sued for lying about their batteries 🤔🙈

[@dokkiro]

I've seen one of those package battery taking a pickaxe through, puncturing it and it still worked at 80% capacity few years ago. Do we have a prototype to test that torture now?

[@TomTom-cm2oq]

This company is going to make me a lot of money! Bought a ton of shares at $59...

[@ericklestrange6255]

the girl looked kinda silly but then she prompted high quality questions

[@siddhuri]

it must be our unconscious bias

[@rusitoexplorador]

Yeah she was great

[@ericklestrange6255]

@@siddhuri could be many things, such as having a writer give her the questions, but ultimately is the interviewer who more or less knows if the questions are good or not

[@CagrTunca]

Establishment media truly love to promote Quantumscape, i'm getting really suspicious about that.

[@jc.1191]

I'm glad we're doing stuff to combat climate control. Good stuff.

[@trevorthetraveller9343]

Solid state batteries will not work in cars, to charge a 100kw solid state battery in 15minutes would require a draw of 400kw from the grid. that's the equivalent of 100 air conditioners (assuming one electric solid state car), the conventional grid will not and never will be capable of handling the energy drain of this magnitude. Heavy vehicles(large trucks) have motors that draw 400- 500kw per hour, so you can imagine the battery they would be need to run and the energy needed for charging?

[@RogerGold-bo6un]

She said, "And then, ALLAH! Batteries come in"......ROFL

[@RogerGold-bo6un]

5:46 video

[@niceshot4563]

Hahaha this is the most underrated comment

[@otomackena7610]

@@RogerGold-bo6un I think she assumed he is a Muslim because he had a turban. He is actually a Sikh

[@RogerGold-bo6un]

@@otomackena7610 whatever. It was funny

[@righthandofdoom77]

@@RogerGold-bo6un Sure it was👍🏾

[@bingdang3881]

Just tell me what “solid electrolyte” you are using

[@gkmanagementservices]

The Billion dollar question

[@KiamKweli]

Exactly what I was listening for.

[@pasticcinideliziosi1259]

ceramic. Their anode is empty at discharge and full of lithium metal when fully charged, deleting the absorption process of lithium in the anode and deleting the lithium plating problem. At least technically

[@leonesperanza3672]

Breakthrough this breakthrough that where are those now?

[@Tron-Jockey]

Looks like they're using NMC cathode technology as opposed to Tesla's NCA technology. NMC cathodes are a little less energy dense than NCA but safer. The Nissan Leaf uses NMC as well and I don't think they've had a single instance of a battery pack fire. So I assume the energy density increase is coming almost exclusively from replacing the carbon anode with Lithium metal. This is not new and while it's well known to supply a healthy increase in energy it also has reduced charge cycles (when compared to carbon anodes). We have to be careful here as the lithium metal anode idea has been thrown around a lot over the last few years for it's increased energy density but usually without mentioning the reduced charge cycles. These companies like to state how great is a battery pack that allows 1000 miles of range. However, being better would largely depend upon the number of full charge cycles it can endure before losing significant capacity. Temper that 1000 mile range figure with a 200 charge cycle life for a 200,000 mile lifespan. That may sound great but is it really better than a battery pack like Tesla's which may only get 400 miles per charge but can be charged over 1500 times (about 600,000 miles of life). If the cost is significantly lower than its justified otherwise it sounds like six of one vs. a half dozen of another.

[@nreaction]

is this nikola 2.0 all talk, all hyping but cant deliver

[@creatineenjoyer7345]

Yawn. NKLA was also a breaktrough and nothing came of it

[@tedstriker6743]

A very exciting breakthrough! Keep up the good work QS.

[@kimjohansen6011]

Talk talk talk, shifting focus to production, from the hughes development Industry. Promising new hights again and again to get funding for the next step, leaving existing development in the dust. Nothing is achieved before, it is mass scale produced.

[@james-sk1si]

Awesome!! Go QS

[@samueltorres2485]

I AM ROOTING FOR YOUR QS!

[@markplott4820]

#fraud

[@SP-bw3zp]

Why uploading such an old video now? Paid advertising! Then say it so Bloomberg 😡

[@shawnyt6368]

Can't be that old of a video if they were referring to Texas ice storm. And the graphs used were up to date

[@lordsamich755]

LIFPO4 battery have been doing 20 Minute charge rates for 15 years. The limitation is in the power supply.

[@nmartoudis]

I guess theres a difference between technological breakthrough and market breakthrough 🙂

[@danac4503]

just always quality interviews - Blmbg T Riggs

[@marcangelodonelo5656]

I wanna build a powerwall with solid-state batteries

[@Drezil]

Thanks for the reminder. Wanted to short that company .. :)

[@rob1andrews]

I thought Tesla has moved beyond carbon and is using a silicon matrix? Tesla can charge from 0%-80% in 20 minutes today on V3 superchargers. Most people spend 20 minutes, filling up, going to the restroom and getting a snack (if not longer if the sit down and eat). 90% of charging is done at home overnight.

[@sumanthota6]

When commercial available

[@Pouyasin]

For some Tesla fan US gov and bill gates and VW invested in this company

[@utah133]

They better have something good! I just bought a bunch of their stonks. No worries though. It's only 1% of my portfolio.

[@shawng33]

Buy high sell low

[@thoumyhaiti84]

Hope you sold because they are taking a nose dive and going str8 to Zero

[@llee4225]

What is the breakthrough in doing 12 layers? It seems like just incremental development?

[@jonathancorea1]

Are they still using cobalt? Because if they do then it’s not a brake through.

[@toCatchAnAI]

Production to make it commercially viable is another story, we hope this tech gets the help it needs to get it out of the lab.

[@bc82870]

Excited about this

[@shawnyt6368]

There will be more and more breakthroughs in EV technology sooner or later in the coming years. Maybe not from this company but from somewhere.

[@joeblow4938]

QS is the safest long term bet on making money on EV technology. Jagdeep Singh has a history of successful companies that have brought new technology to the market that has succeeded in volume production. Its just a matter of time with this company.

[@Teslabull]

This guy spend more time to promote than working

[@unlockwithjsr]

Companies these days do PR and MBA more than they do engineering, just talking without showing

[@jhyrumgrant]

I'm tired of "milestones" - after they get reached, what do they always say? Commercial value is a "few years" away. I'm calling b.s.

[@henrisomer2074]

remember graphene!??? haha

[@matthewvandeventer3632]

The media is looking for clicks, so they will call anything a milestone when there really is nothing to talk about.

[@araibirshad8294]

its just fluff to attract more investors

[@Withnail1969]

@@henrisomer2074 who could forget the incredible graphene products that were just around the corner.

[@henrisomer2074]

@@Withnail1969 maybe next decade haha

[@neurophilosophers994]

Batteries are always tough I’ll believe it when I see it

[@fleischwolf82]

Big talk, zero proof

[@shdavidchung877]

Does it have nickel??

[@A_D624]

Great, when are they selling this product ?

[@leonadams1053]

Build the factory!

[@zbLoodlust087]

yeah yeah now make millions a year to put in cars

[@grobi123]

Make a product i can buy and then i‘m impressesd

[@miyuden4118]

What is the cycle time of these batteries? SSB are known for shitty cycle times not practical for cars or stuff that is supposed to hold long.

[@glintrhmj]

Meh 😑 I’ll stick with Tesla’s tech for now

[@bingdang3881]

Lithium metal battery existed for decades...

[@michaelstewart8022]

if it were truly a breakthrough technology, Tesla probably would have acquired them by now. the more the merrier tho... need as many cells as we can get

[@manofculture8026]

The company is worth 24 billion US dollars, and owned by investors such as Volkswagen and Bill Gates, who are not interested in selling.

[@nickname8668]

@@manofculture8026 yes they are planning on selling, but not before pump it to a greater scale. Look at beyondmeat , another “bill gates style “ pump and dump scheme

[@jc.1191]

Everybody is working on solid state batteries. 🤣 There are breakthroughs, and will be big. I think people underestimate how ubiquitous it will be. Nobody will make a killing on it. Look at the capacitor market, perfect analogy.

[@nickname8668]

@@jc.1191 There have already been numerous solid battery “breakthroughs” in the past few years. Some of them even predate the model 3.

[@jc.1191]

@@nickname8668 Yeah, and they continue. Work in progress. Work won't halt on improving things after they are commercial either.

[@OneOfEightBillion]

Solid state is the right direction, however we need to more away from lithium soon considering how high the projected demand is.

[@chriss2295]

Vaporware

[@jayant2159]

Lets hope this doesn't turn out like Theronos.

[@donaldharlan3981]

Those batteries catch on fire when exposed to high energy radio waves.

[@saviohudson]

The beans that she had is calling her out.

[@megafedun]

"demand for grid-scale storage is so high that you might need more than batteries" - what is the "more" beyond batteries?

[@HydrogenFuelTechnologies]

Dr. Randell Mills of Brilliant Light Power and the Hydrogen Sun Cell. Look it up

[@richardwilde1348]

All sorts of storage mediums exist. Pumped hydro - move the water up higher, then let it back down when you need it. You can also use a crane to move heavy objects higher - stack them up like building a castle. Or pressurized air in large volumes, e.g. stored in mountains, or wells. There are many options, and to be honest I think these may be better than using batteries because we only have so much materials available for batteries, and these are better used in cars and other vehicles, where say pumped hydro is not an option for them.

[@dipladonic]

@@richardwilde1348 There are many options, but ultimately, no solutions. Thus far, power storage by any means is highly dilute, and therein lies the problem.

[@sailingonasummerbreeze7892]

QS 'might' have batteries in production in 2024 or 2025. Tesla has theirs in production now. Tesla is winning the 'now'...VW and QS 'might' win the future. I don't expect Tesla to sit still.

[@mantrik007]

The solid state battery development is taking way too long. I fear that by the time it is ready for the market, the Lithium Ion battery technology may become good enough to match the benefits of solid state batteries.

[@socialarb]

multi layering equals scaling? I am not sure. Yes, beautiful they can do more layers but can they do hundred thousands of cells in a week?

[@lucianocalia4470]

Sounds like Nikola

[@possisvideos]

bla bla bla. the 177th announcment of an breaktrough battery tech. just a call for stupid investors to aquire money.

[@a_life_painted_with_color]

How are these batteries new? I have about 400 of these batteries in a box in my garage right now. I bought them used from a battery resale website back in 2017. They were recommended by a KZbinr by the name of JehuGarcia

[@gert_kruger]

I doubt it is the same type.

[@brettmoore3194]

We need 480v batteries.

[@ismailnyeyusof3520]

This company might be the real deal but their timelines are so out there that whatever they produce could be obsolete by the time they start manufacturing. Hopefully there’s a massive battery shortage and every viable battery manufacturer will succeed.

[@helsreach001]

Although solid state battery technology is possible but looking at board members of quantum space it feels like theronos scam

[@bertt72]

And hydrogen fuel is still being considered.The next few years should be interesting

[@cole2839]

They aren't using these in cars anytime soon on a wide scale. First they will come to consumer electronics.

[@user-fx2oo3bi9c]

She look like penny in Big bang theory 🙄🙄 🧐👀

[@ralphhardie7492]

Elvis reverb... Please some sound proofing..hang an old carpet A clip on mic $10

[@billfgxheru]

We here

[@VirtuellJo]

Looks like VW is leading the way to a grener future.

[@dokster100]

Do you know what leading means? You are looking a video about a technology that MIGHT go is SOME production cars in 2025 when there would probably 15 million EVs sold annually.

[@reynaldohartanto1506]

Nuclear Nadal, is that you?

[@rigato97]

The battery bla, bla, bla, is make my mind sick. Solid state? Carbon state? Air pollution states? But why we don't try in bacteria forms.

[@curiouspeople6441]

no one like increasing gas cost

[@RoboticusMusic]

No talk of the wh/kg, no doubt R-0thschild's had YT delete dislikes for their Bloomberg.

[@wallario]

No product next 3 yrs with inflation. Qs will have a rough time

[@saviohudson]

Did anyone hear a fart at 3:41

[@RS-jb1lf]

That was her going “hhmm” as in “uh-huh”. Go see an ENT

[@saviohudson]

@@RS-jb1lf I get my vision and hearing tested regularly and I have no hearing loss. You should eat a biscuit and look at your life!

[@hondumanieamonchangdabuuye8843]

From another company. www.benzobattery.com/super-thin-battery