Hyperdrive
VW’s Battery Bet Reveals Data Showing Tech Could Top Tesla
- Solid-state battery startup aims to start production in 2024
- Lab tests show batteries can charge twice as fast as Model 3
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QuantumScape Corp., a battery startup that counts Volkswagen AG as its largest shareholder, says new data show its batteries can be charged to as much as 80% of full power in 15 minutes, almost twice as fast as a Tesla Model 3.
The performance data, which have yet to be road tested, suggest QuantumScape’s batteries could offer about 50% more miles than the same electric car with current commercial battery technology. They also can be charged 800 times with minimal degradation, meeting a benchmark for batteries in most electric vehicles. But the startup has yet to demonstrate it can mass manufacture its new battery.