Shares of QuantumScape (NYSE: QS) exploded on Wednesday and were trading over 16% through 1:30 p.m. ET. The developer of solid-state lithium-metal batteries for electric vehicles just signed a partnership, and investors see this as a big milestone and catalyst for QuantumScape stock.

Image source: Getty Images.

QuantumScape is partnering with (NYSE: GLW) to jointly develop ceramic separators in high volumes for commercial uses. Instead of polymer separators that are used in traditional lithium-ion batteries, QuantumScape uses ceramic separators that seemingly make the batteries safer, more energy dense, longer lasting, and faster to charge, among other things.

Continue reading

Source Fool.com