INTELLITRADE

Updated 317 days ago
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IntelliTrade is a publisher of news and investment opinions for informational purposes only. Any investment opinion of IntelliTrade through its services should not be considered personal investment advice. IntelliTrade is not a registered investment advisor or registered broker/dealer... Kensington is currently in the process of buying QuantumScape, which, according to many in the electric vehicle industry, is building the best battery on the market. This is what former the Tesla Chief Technology Officer and current QuantumScape board member JB Straubel had to say: "QuantumScape's solid-state anode-less design represents the most elegant architecture I've seen for a lithium-based battery system, and the company has an opportunity to redefine the battery landscape." They are backed by Bill Gates, Chinese automaker SAIC, and most importantly, Volkswagen, who is also in a joint venture with the firm. Volkswagen produces 11 million cars a year and is going all-in on electric vehicles...
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