Should You Buy QuantumScape While It's Below $7?
Electric vehicles (EVs) are poised to revolutionize travel. Yet, like any trailblazing technology, EV batteries have a way to go before widespread adoption is commonplace.
QuantumScape (NYSE: QS) is a company at the forefront of battery innovation. Its mission is simple: To overcome the limitations of modern lithium-ion battery technology and pave the way for a cleaner, electrified future. The company made news earlier this year when it had positive results during an endurance test, and it recently secured funding to extend its runway for a couple more years.
With such developments, is now a good time to invest in the EV battery company? Let's dive into the business to find out.
Source Fool.com
