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Select Page QuantumScape’s Solid-State Battery Could be the Breakthrough EVs Need – But it’s in a Race to be First New tech may address energy density, charging, cost and other issues. QuantumScape appears to be closing in on mass producing solid-state batteries for cars. While lithium-ion batteries have improved significantly since the technology went into automotive production a decade ago, they still fall short of what some experts believe will be needed to make electric propulsion truly competitive with the internal combustion engine, at least until a true breakthrough comes along. Now, however, decade-old research company QuantumScape finds itself in the spotlight as it rolls out a new technology that could substantially boost power – and range – enough to make battery-drive systems viable not only for automobiles but also for aircraft. Its claims have won over the backing of Volkswagen AG, the German automaker planning to invest nearly $90 ....
Auto Suppliers Bloodied, But Not Beaten “We didn’t see the bankruptcies and restructuring that we expected,” says Kensington Capital’s Justin Mirro at a Society of Automotive Analysts event. It’s been rough, but automotive suppliers – arguably the lifeblood of the industry – have weathered the COVID-19-related economic crisis fairly well, certainly compared with the battered shape they were in during last decade’s ravaging recession. That doesn’t mean all is expected to be rosy going forward. Some balance sheets are out of whack. And strong suppliers are expected to gobble up weaker ones in expected consolidations. But overall, suppliers are faring better than many people had feared. ....