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Why QuantumScape Stock Jumped Today

Many stocks in the electric vehicle (EV) sector had big gains last week, and solid-state battery developer QuantumScape (NYSE: QS) was no exception, with a jump of more than 25%. QuantumScape co-founder and CEO Jagdeep Singh said of the test results: “With the publication of this report, we will continue to focus on our product roadmap goals and delivering cells to our customers.”

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