QuantumScape Announced More Business. The Stock’s Reaction Highlights a Shift.

Text size

QuantumScape’s battery technology could be a game changer, but significant sales aren’t expected for years.

Sam74100/Dreamstime

The electric-vehicle battery-technology company

QuantumScape

announced a new business partner—an unidentified luxury auto maker—but the stock isn’t doing much despite the positive news. It highlights a recent negative shift in sentiment about EV-related stocks.

The company says the auto maker is an “established global luxury” auto maker. The two companies will…

Read more…