QuantumScape Expands to Asia-Pacific Region With New R&D Center in Japan
February 22, 2022
QuantumScape Expands to Asia-Pacific Region With New R&D Center in Japan
February 22, 2022
SAN JOSE, Calif.–(BUSINESS WIRE)– QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries for use in electric vehicles, today announced its expansion into the Asia-Pacific region with an office in Kyoto, Japan. The new property will feature a state-of-the-art laboratory for battery research and development.
QuantumScape is developing solid-state lithium-metal battery technology that is designed to deliver a combination of high energy density, or driving range, coupled with fast charging capabilities that are difficult to achieve with conventional lithium-ion battery chemistries. The company has a close partnership with Volkswagen Group and has established agreements with two other major global automakers.
“For decades, Japan has maintained a worldwide reputation for excellence in battery science, development and manufacturing,” said Jagdeep Singh, CEO and co-founder of QuantumScape. “Local access to some of the most experienced battery scientists and collaboration with leading suppliers and research institutes, combined with the growing demand for battery electric vehicles throughout Asian markets, are compelling reasons for QuantumScape to open our first office in Japan.”
Headquartered in San Jose, California, QuantumScape has worked with automotive original equipment manufacturers (OEMs) and tools and materials suppliers across the Asia-Pacific region for several years. As the company’s first regional footprint, the office will serve core functions, including materials and equipment evaluation and improving collaboration with regional partners.
QuantumScape has started building a team of engineers and scientists and is actively hiring for a number of open positions (www.quantumscape.com/careers). The R&D center is located in the Kyoto Research Park in Kyoto. The labs are expected to be operational later this year.
About QuantumScape Corporation
QuantumScape is a leader in developing next-generation solid-state lithium-metal batteries for electric vehicles. The company is on a mission to revolutionize energy storage to enable a sustainable future. For more information, please visit www.quantumscape.com.
Forward-Looking Statements
This article contains forward-looking statements within the meaning of the federal securities laws and information based on management’s current expectations as of the date of this current report. All statements other than statements of historical fact contained in this article, including statements regarding the future development of QuantumScape’s battery technology, the anticipated benefits of QuantumScape’s technologies and the performance of its batteries, and plans and objectives for future operations, are forward-looking statements. When used in this current report, the words “may,” “will,” “estimate,” “pro forma,” “expect,” “plan,” “believe,” “potential,” “predict,” “target,” “should,” “would,” “could,” “continue,” “believe,” “project,” “intend,” “anticipates” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words.
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