QuantumScape amends JV with VW; VW gets sole discretion over pilot line location

QuantumScape Corp

VWGoA has sole discretion to locate the Phase 1 Pilot Line in Germany or the US.
Phase 1 Pilot Line has planned 1 GWh capacity, scalable to 20 GWh Phase 2 Gigafactory.
Initial C samples for commercialization expected from QS-0 facility in San Jose, CA.
Parties reaffirm commitment to bring solid-state battery vehicles to market.
Letter amends prior JV agreements; effective September 27, 2022.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.