# QuantumScape Corp

Summary updated: 2026-10-02T11:53:17.72241Z
Canonical: https://finbar.com/research/companies/quantumscape-corp

## Overview

QuantumScape Corp. develops solid-state lithium-metal battery technology, primarily for electric vehicles, with a stated mission “to revolutionize energy storage to enable a sustainable future.” Its technology centers on a proprietary ceramic solid-state electrolyte separator; QSE-5 is its targeted first commercial battery product. Founded in 2010, the company remains focused on development, customer sampling, and scaling production rather than established commercial cell sales. [1](https://app.finbar.com/go?id=P18955128)[2](https://app.finbar.com/go?id=P72627162)[3](https://app.finbar.com/go?id=P142958035)

The company is headquartered in San Jose, California, where it has offices, research and engineering operations, and a pilot line. Its automotive customer and partner activity spans North America, Europe, and Japan, including work with Volkswagen’s PowerCo. QuantumScape reported approximately 700 employees at the end of 2025; in its latest available 2026 quarterly filing, it said its operating segment had not yet derived revenue from business activities. [4](https://app.finbar.com/go?id=P71934795)[5](https://app.finbar.com/go?id=P142140579)[6](https://app.finbar.com/go?id=P142958058)[7](https://app.finbar.com/go?id=P94459512)[8](https://app.finbar.com/go?id=P142957886)
[1](https://app.finbar.com/go?id=P18955128)[2](https://app.finbar.com/go?id=P72627162)[3](https://app.finbar.com/go?id=P142958035)[4](https://app.finbar.com/go?id=P71934795)[5](https://app.finbar.com/go?id=P142140579)[6](https://app.finbar.com/go?id=P142958058)[7](https://app.finbar.com/go?id=P94459512)[8](https://app.finbar.com/go?id=P142957886)

## Products & services

QuantumScape’s principal named cell product is QSE-5, a solid-state lithium-metal battery cell designed for automotive applications. It is anode-free as manufactured: lithium from the cathode forms the metal anode during the first charge. The company describes its cell format as combining pouch and prismatic features, with design considerations for lithium-metal expansion, heat dissipation during fast charging, operation with or without external pressure, and pack integration. Cell dimensions and layer count can vary with customer requirements. [3](https://app.finbar.com/go?id=P142958035)[9](https://app.finbar.com/go?id=P142958045)

In 2026, QuantumScape reported QSE-5 B-sample energy density above 800 Wh/L and charging from 10% to 80% in under 15 minutes. The company’s 2024 B-sample results included 844 Wh/L, 301 Wh/kg and a 12.2-minute 10%–80% charge; these are prototype results, not a statement of commercial-scale performance. [10](https://app.finbar.com/go?id=P142958050)[11](https://www.quantumscape.com/blog/a-first-look-at-the-qse-5-b-sample/)

The company has shipped QSE-5 prototype samples for customer testing and is developing the Eagle pilot line to support cell development, process work and customer sampling. Other application efforts include a Honda research and development agreement and demonstrations of QuantumScape cells in an electric motorcycle; these are development programs rather than separately specified commercial products. No marketed services or product-sales mix percentages were disclosed. The 2026 Q2 filing reported no revenue from business activities as of June 30, 2026. [12](https://app.finbar.com/go?id=P142958052)[13](https://app.finbar.com/go?id=P142958271)[6](https://app.finbar.com/go?id=P142958058)[14](https://app.finbar.com/go?id=P142958025)[15](https://www.quantumscape.com/quantumscape-announces-agreement-with-honda-on-solid-state-battery-technology/)
[3](https://app.finbar.com/go?id=P142958035)[9](https://app.finbar.com/go?id=P142958045)[10](https://app.finbar.com/go?id=P142958050)[11](https://www.quantumscape.com/blog/a-first-look-at-the-qse-5-b-sample/)[12](https://app.finbar.com/go?id=P142958052)[13](https://app.finbar.com/go?id=P142958271)[6](https://app.finbar.com/go?id=P142958058)[14](https://app.finbar.com/go?id=P142958025)[15](https://www.quantumscape.com/quantumscape-announces-agreement-with-honda-on-solid-state-battery-technology/)[11](https://www.quantumscape.com/blog/a-first-look-at-the-qse-5-b-sample/)[15](https://www.quantumscape.com/quantumscape-announces-agreement-with-honda-on-solid-state-battery-technology/)

## Geographic presence

QuantumScape is headquartered at 1730 Technology Drive in San Jose, California, where it primarily conducts its office, engineering, research and development, and cell-build pilot-line activities. Its highly automated battery-cell pilot line was installed at the San Jose facilities in 2025; the reviewed disclosures do not identify another company-operated manufacturing site. [16](https://app.finbar.com/go?id=P80699712)[4](https://app.finbar.com/go?id=P71934795)[17](https://app.finbar.com/go?id=P66730091)[18](https://app.finbar.com/go?id=P57145683)

The reviewed disclosures do not provide revenue by country or region, employee distribution by geography, or a breakdown of sales markets. [19](https://app.finbar.com/go?id=T209085)
[16](https://app.finbar.com/go?id=P80699712)[4](https://app.finbar.com/go?id=P71934795)[17](https://app.finbar.com/go?id=P66730091)[18](https://app.finbar.com/go?id=P57145683)[19](https://app.finbar.com/go?id=T209085)

## Business segments

QuantumScape reports one operating and reportable segment. Its chief operating decision maker reviews financial information on a consolidated basis, so the company does not disclose separate segment-level business or revenue contributions. [8](https://app.finbar.com/go?id=P142957886) [20](https://app.finbar.com/go?id=P44690401)

The company’s activities include developing and commercializing solid-state lithium-metal battery technology, including QSE-5 cells; customer sampling and qualification; pilot-line and manufacturing-process development; and module and pack design for customer integration. These are areas of activity, not separately reported segments. [3](https://app.finbar.com/go?id=P142958035) [9](https://app.finbar.com/go?id=P142958045) [21](https://app.finbar.com/go?id=P142958047) [12](https://app.finbar.com/go?id=P142958052) [22](https://app.finbar.com/go?id=P142958072)

QuantumScape reported no segment revenue as of June 30, 2026. A revenue contribution percentage by segment or activity therefore cannot be calculated from its disclosures. [8](https://app.finbar.com/go?id=P142957886)
[8](https://app.finbar.com/go?id=P142957886)[20](https://app.finbar.com/go?id=P44690401)[3](https://app.finbar.com/go?id=P142958035)[9](https://app.finbar.com/go?id=P142958045)[21](https://app.finbar.com/go?id=P142958047)[12](https://app.finbar.com/go?id=P142958052)[22](https://app.finbar.com/go?id=P142958072)

## Company history

QuantumScape was founded in May 2010 by Jagdeep Singh, Tim Holme, and Stanford professor Fritz Prinz to develop solid-state battery technology. Volkswagen began working with the company in 2012, and in 2018 the two formed QSV, a 50/50 joint venture focused on commercialization and a U.S. pilot manufacturing facility. [23](https://app.finbar.com/go?id=P175180220)[24](https://www.quantumscape.com/wp-content/uploads/2021/10/QS-Fact-Sheet-Nov-2020.pdf) [25](https://app.finbar.com/go?id=P175180320) [26](https://app.finbar.com/go?id=P175180323)

In 2020, QuantumScape completed a business combination with Kensington Capital Acquisition Corp. and became publicly traded on the NYSE under the ticker QS. The company reported progress validating early single-layer and smaller multilayer cells, while identifying scale-up as a continuing challenge. [23](https://app.finbar.com/go?id=P175180220) [27](https://app.finbar.com/go?id=P175180221) [28](https://app.finbar.com/go?id=P175180303)

QuantumScape shipped its first A0 prototype cells to automotive manufacturers in 2022. In 2023 it announced QSE-5, its first targeted commercial product, and began low-volume production and customer testing of B-sample cells in 2024. That year, it also entered an agreement with Volkswagen’s battery company PowerCo to industrialize the technology, replacing the earlier joint-venture structure; Siva Sivaram became CEO, with Singh continuing as chairman. [29](https://app.finbar.com/go?id=P25057845) [30](https://app.finbar.com/go?id=P90501230) [6](https://app.finbar.com/go?id=P142958058) [31](https://www.quantumscape.com/quantumscape-appoints-dr-siva-sivaram-as-ceo-to-lead-next-phase-of-growth/)

In 2025, QuantumScape, Volkswagen, and PowerCo demonstrated a Ducati electric motorcycle using QSE-5 cells, and the company installed an automated pilot production line in San Jose. The line was inaugurated in February 2026, marking the start of its initial ramp-up. [29](https://app.finbar.com/go?id=P25057845) [32](https://app.finbar.com/go?id=P142958308) [33](https://www.quantumscape.com/quantumscape-and-powerco-debut-solid-state-batteries-in-ducati-motorcycle-at-iaa-mobility/) [3](https://app.finbar.com/go?id=P142958035)
[23](https://app.finbar.com/go?id=P175180220)[25](https://app.finbar.com/go?id=P175180320)[26](https://app.finbar.com/go?id=P175180323)[27](https://app.finbar.com/go?id=P175180221)[28](https://app.finbar.com/go?id=P175180303)[29](https://app.finbar.com/go?id=P25057845)[30](https://app.finbar.com/go?id=P90501230)[6](https://app.finbar.com/go?id=P142958058)[32](https://app.finbar.com/go?id=P142958308)[3](https://app.finbar.com/go?id=P142958035)[24](https://www.quantumscape.com/wp-content/uploads/2021/10/QS-Fact-Sheet-Nov-2020.pdf)[31](https://www.quantumscape.com/quantumscape-appoints-dr-siva-sivaram-as-ceo-to-lead-next-phase-of-growth/)[33](https://www.quantumscape.com/quantumscape-and-powerco-debut-solid-state-batteries-in-ducati-motorcycle-at-iaa-mobility/)

## Sources

1. [QuantumScape Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P18955128)
2. [QuantumScape Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P72627162)
3. [QuantumScape Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P142958035)
4. [QuantumScape Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P71934795)
5. [QuantumScape Corp — Press release (2026 Q 2)](https://app.finbar.com/go?id=P142140579)
6. [QuantumScape Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P142958058)
7. [QuantumScape Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P94459512)
8. [QuantumScape Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P142957886)
9. [QuantumScape Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P142958045)
10. [QuantumScape Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P142958050)
11. [www.quantumscape.com](https://www.quantumscape.com/blog/a-first-look-at-the-qse-5-b-sample/)
12. [QuantumScape Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P142958052)
13. [QuantumScape Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P142958271)
14. [QuantumScape Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P142958025)
15. [www.quantumscape.com](https://www.quantumscape.com/quantumscape-announces-agreement-with-honda-on-solid-state-battery-technology/)
16. [QuantumScape Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P80699712)
17. [QuantumScape Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P66730091)
18. [QuantumScape Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P57145683)
19. [QuantumScape Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=T209085)
20. [QuantumScape Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P44690401)
21. [QuantumScape Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P142958047)
22. [QuantumScape Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P142958072)
23. [QuantumScape Corp — Full financial report (2020 Y)](https://app.finbar.com/go?id=P175180220)
24. [www.quantumscape.com](https://www.quantumscape.com/wp-content/uploads/2021/10/QS-Fact-Sheet-Nov-2020.pdf)
25. [QuantumScape Corp — Full financial report (2020 Y)](https://app.finbar.com/go?id=P175180320)
26. [QuantumScape Corp — Full financial report (2020 Y)](https://app.finbar.com/go?id=P175180323)
27. [QuantumScape Corp — Full financial report (2020 Y)](https://app.finbar.com/go?id=P175180221)
28. [QuantumScape Corp — Full financial report (2020 Y)](https://app.finbar.com/go?id=P175180303)
29. [QuantumScape Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P25057845)
30. [QuantumScape Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P90501230)
31. [www.quantumscape.com](https://www.quantumscape.com/quantumscape-appoints-dr-siva-sivaram-as-ceo-to-lead-next-phase-of-growth/)
32. [QuantumScape Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P142958308)
33. [www.quantumscape.com](https://www.quantumscape.com/quantumscape-and-powerco-debut-solid-state-batteries-in-ducati-motorcycle-at-iaa-mobility/)

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