Is QuantumScape Stock Heading for $10? Analysis and Predictions

#qmcostockanalysis #qmcostocknews #qmcostockreview QuantumScape Corp (NYSE:QS) is an EV battery startup that Evercore ISI rates Outperform and targets $10.00 in the 12-month. A 2020 SPAC made the San Jose-based US corporation public. Anodeless, solid-state Lithium-Metal batteries with better density and faster charging are being developed by an EV battery startup. QuantumScape's cells may outperform Li-ion batteries by 50-100%. QuantumScape's cathode chemistry allows them to use NMC, LFP, or other battery formats to meet vehicle needs. “QS will initially be priced as a premium product (for higher performance), but if a mass market battery player had the tech, it could lower the EV battery cost curve for the entire industry.” Note from Evercore analysts. Long term, improved energy density per cell increases range for a given weight or size, allowing for greater engineering flexibility and cost savings in vehicle manufacture by reducing weight. Eliminating the graphite anode reduces manufacturing costs by $20 or more per kilowatt-hour ($2,000 per car, assuming 100 kWh pack). The manufacturing benefit can be used two ways: QuantumScape can enhance its gross margin to 30% (three times the industry average) or license its Solid-State technology to a major traditional battery manufacturer like LG (KS:003550) or Panasonic (TYO:6752) for competitive pricing and market share expansion.