QuantumScape Surges 22% as Company Signs Solid-State Battery Partnership with Honda

According to the company announcement, QuantumScape's stock surged more than 22% in premarket trading on June 18 following the signing of a joint development agreement with Honda Technical Research Institute, Honda's subsidiary. The two companies will leverage their respective technological strengths to advance QuantumScape's solid-state battery platform, with the multi-year collaboration focusing on solid-state battery research and development as well as production process optimization.
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