QuantumScape Insider Sells $1.7 Million Worth of Shares

QuantumScape insider sold shares worth $1.79mln, according to an SEC filing. The company is developing solid-state lithium-metal battery technology for EVs and other applications, offering greater energy density, faster charging, and enhanced safety. Its battery cells have no host materials, and it has demonstrated a solid-state separator capable of resisting dendrite formation. The technology has applicability in other markets, including stationary storage and consumer electronics.