QuantumScape Corp - Ordinary Shares - Class A Aktie News

Honda agrees to a deal with battery-tech company QuantumScape.

QuantumScape (QS) shares are ripping higher on June 18th as investors react to a major new OEM partnership. The solid-state battery pioneer announced a multi-year joint research agreement with Honda R&D to co-develop next-gen lithium-metal battery platform architectures and manufacturing processes.

Quantumscape Corp (NYSE:QS) shares surged about 15% on Thursday after the solid-state battery developer announced a joint research agreement with Honda Motor (NYSE:HMC) subsidiary Honda R&D Co Ltd to advance its battery technology platform. The multi-year collaboration will focus on solid-state battery development and related manufacturing processes, combining the expertise of both companies.

Honda is working with QuantumScape on advanced lithium battery technology.

SAN JOSE, Calif., June 18, 2026 (GLOBE NEWSWIRE) -- QuantumScape Corporation (NASDAQ: QS), a global leader in next-generation solid-state lithium-metal battery technology, today announced a joint research agreement with Honda R&D Co., Ltd.

QuantumScape Corporation remains on track with its commercialization roadmap, despite recent price weakness and ongoing skepticism. QS's cash and marketable securities provide a 25–32 month runway, supporting development through its targeted commercialization window of 2027–2029. Valuation is attractive: P/B at 3.89x versus a historical average of 4.56x, with a target price range of $7.41–$8.20.

QuantumScape Corporation is downgraded from Buy to Hold due to increased risks, despite notable operational and financial progress. Eagle Line's pilot-scale production validates manufacturability, addressing the core bear thesis and supporting the PowerCo licensing model. Q1 2026 billings of $11M signal a sharp acceleration, narrowing losses and suggesting the thesis is delayed, not broken.

Shares of QuantumScape (NYSE:QS | QS Price Prediction) are up 7% in early Wednesday trading, pushing the stock to around $9 from a prior close of $8.42.