News about solid-state batteries

QuantumScape's third-quarter 2026 loss was 14 cents per share, narrower than both the Zacks Consensus Estimate loss of 18 cents and the 18-cent loss a year earlier, as operating expenses fell 19.6% to $92.4 million. Net loss narrowed to $84.5 million from $105.8 million, and customer billings reached $9.8 million. The company said its Eagle Line pilot facility is producing more QSE-5 cells, and a partnership with Muehlbauer Group targets a planned 100-megawatt-hour production line with production beginning in 2028. Its QS PowerBlock reference design for AI data centers delivered four times the power density and five times the runtime of the Open Compute Project reference specification, and the company recorded its first billings from Honda. QuantumScape ended September 2026 with $819.8 million in liquidity, and management estimates the total addressable market for its advanced solutions business could reach $75 billion by 2030.

The global market for next-generation solid-state batteries in EVs is projected to grow from USD 346.7 million in 2025 to USD 16.4 billion by 2035, driven by EV adoption and demand for higher energy density, faster charging and greater safety. Sulfide-based solid electrolytes are gaining traction and capturing a significant share of the market as automakers and battery developers expand research, commercialization and production. High manufacturing costs and scalability remain challenges, while strategic collaborations and technological innovation are paving the way for broader use in the EV sector. Elsewhere in the market, Wanxiang QianchaoLtd rose 10% to close at CN¥11.55, Littelfuse fell 10.1% to end at $350.28, and Tesla closed at $374.58, down 3.1%. Tesla's third-quarter net income fell to USD 787 million from USD 1,373 million a year earlier.

QuantumScape reported third-quarter 2026 results after the close the previous day, and its shares rose as much as 13.3% before paring gains to about 1.4% at 1:56 p.m. ET. The company recorded its first customer billings under its June agreement with Honda for integrating its solid-state platform, and said a new automotive customer will be announced on Nov. 11. It also signed a deal with German automation specialist Muehlbauer for a 100 MWh cell production line aimed at AI data centers, aerospace and defense, targeting production start in 2028. Because QuantumScape still lacks substantial revenue, the article says the stock remains fairly speculative despite its progress.