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Why QuantumScape Stock Is Surging Higher This Week


About a month ago, QuantumScape (NYSE: QS) showed off its next-generation solid-state lithium-metal battery technology. This week, the company inked a deal that will help scale production and commercialize that technology.

Investors jumped into QuantumScape stock this week as a result, driving shares about 14% higher for the week as of Thursday afternoon, according to data provided by S&P Global Market Intelligence.

Image source: QuantumScape.

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Source Fool.com

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