Volkswagen Is Pouring Millions More Into Solid-State Battery Development

The Volkswagen Group is going full steam forward with the development and commercialization of next-generation solid-state batteries for electric vehicles.

The VW Group’s battery subsidiary PowerCo will now provide $131 million to solid-state battery start-up QuantumScape. The new funding will go towards the development of a pilot production line in San Jose, the start-up said in a press release this week.