Think It's Too Late to Buy QuantumScape? Here's the Biggest Reason Why There's Still Time.
QuantumScape (NYSE: QS), a developer of solid-state batteries for electric vehicles (EVs), is again becoming quite an item on the stock market. Following the company's most recently published earnings report, investors have become notably more bullish on its shares, pushing their value higher. In my view, they have plenty more room to grow. Here's why.A key factor in my optimism is that QuantumScape is on the cutting edge of EV storage technology. The batteries it's developing hold the potential of being far more powerful than the lithium-ion products that currently power EVs, and the vastly extended range they promise would be an instant boon for the industry.Continue reading
QuantumScape (NYSE: QS), a developer of solid-state batteries for electric vehicles (EVs), is again becoming quite an item on the stock market. Following the company's most recently published earnings report, investors have become notably more bullish on its shares, pushing their value higher.
In my view, they have plenty more room to grow. Here's why.
A key factor in my optimism is that QuantumScape is on the cutting edge of EV storage technology. The batteries it's developing hold the potential of being far more powerful than the lithium-ion products that currently power EVs, and the vastly extended range they promise would be an instant boon for the industry.
