Why QS stock price keep going up?Any news?

The stock price of QS has experienced a significant increase from July 11 to July 16. QuantumScape (QS) stock price rise can be attributed to several key factors:

1. **Production Breakthroughs**: QuantumScape's recent announcements of production breakthroughs, such as the successful integration of its advanced "Cobra" separator process, have renewed investor confidence in the company's potential for commercial success. This development is expected to improve production speed and scalability, which could lead to significant cost savings and increased efficiency in the manufacturing of solid-state lithium-metal batteries.
2. **Strategic Moves**: The company's strategic move to terminate a large facility lease in San Jose, effective August 1, is expected to save approximately $18.7 million in future lease payments, offset by a one-time termination cost of $2.3 million. This decision streamlines QuantumScape's operational footprint as it progresses toward its goals, which could positively influence investor sentiment.
3. **Industry Interest**: QuantumScape's partnership with Volkswagen's PowerCo battery arm is a testament to its ambitions of scaling up production. This agreement, along with other collaborations and field testing of its QSE-5 modules, highlights the company's role in the electric vehicle industry and its potential to disrupt the market with its solid-state battery technology.
4. **Market Sentiment**: The overall sentiment around QuantumScape remains positive, despite the company's ongoing cash burn and limited revenue. The recent $47.5 million settlement with investors related to past claims over overstated battery capabilities in 2020 also indicates a path towards resolving legal issues and focusing on future developments.

In conclusion, QuantumScape's (QS) stock price is likely continuing its upward trend due to a combination of positive production breakthroughs, strategic moves, industry interest, and favorable market sentiment. These factors are collectively contributing to the company's growing credibility and potential for growth in the solid-state battery sector.

|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|QS|QS.N|QuantumScape|20250717|19.823788546255507|169|