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Bill Gates-backed battery startup QuantumScape to go public in SPAC deal

QuantumScape, the 10-year-old Silicon Valley battery startup backed by Volkswagen AG, said on Thursday it plans to go public through a reverse merger with Kensington Capital Acquisition Corp with an enterprise value of $3.3 billion. San Jose-based QuantumScape, a 2010 spinout from Stanford University, said it will form a joint venture with VW to produce […]

EVE Begins Construction on Its Battery Production Plant in Hungary – EQ Mag