QuantumScape Corporation announced a joint development agreement with a new top‑10 global automaker, marking the company’s first new OEM partnership in 2025 and a key milestone in its commercial engagement strategy.
The agreement follows earlier JDAs signed earlier in the year with two major automakers and represents a critical step toward the commercialization of QuantumScape’s solid‑state battery technology. It is intended to create a pathway to future royalty and licensing revenue as the company scales its technology through partner manufacturing.
By adding a new OEM to its ecosystem, QuantumScape reduces dependence on a single partner and strengthens its position against competitors such as Solid Power and SES AI. The deal validates the company’s ceramic‑separator technology and supports its capital‑light model, which relies on licensing and joint development rather than building its own gigafactories.
CEO Dr. Siva Sivaram described the JDA as a “fitting capstone” for the year’s commercial efforts and highlighted the upcoming inauguration of the Eagle Line pilot facility, which will showcase the Cobra separator process and further accelerate the company’s scale‑up plans.
The announcement was well received by investors, reflecting confidence in QuantumScape’s commercialization trajectory. The company’s prior Q3 2025 customer billings of $12.8 million and the planned transfer of its listing to Nasdaq underscore its growing commercial traction.
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