Volkswagen invests extra $200 million in U.S. battery company QuantumScape

Reuters

Published Jun 16, 2020 06:33AM ET

BERLIN (Reuters) - Volkswagen (DE:VOWG_p) is increasing its stake in U.S. company QuantumScape by up to $200 million to boost the development of solid-state battery technology that aims to increase the ranges of electric cars and shorten charging times, the German carmaker said https:// on Tuesday.