QuantumScape Corporation (QS) Presents At DbAccess IAA Cars Conference Transcript

Xin Yu
Research Analyst

Thank you very much. All right. There we go. So we have the QuantumScape team here, President and CEO; Dr. Siva Sivaram. I hope I didn’t butcher that. CFO, Kevin Hettrich. To — first off, I just want to say congratulations on the announcement yesterday, the great showing yesterday. Perhaps to set the stage, and I think there’s some people in the room who aren’t as familiar with QuantumScape. I think you have some slides perhaps we can run through the kickoff.

Siva Sivaram
President, CEO & Director

Perfect. Jason, thank you for having us here. Honored to be here with you. all. I just want to set the stage up for who and what is QuantumScape. QuantumScape is a next-generation solid-state battery company. Today, you can see in the IAA mobility, the number of electric cars and most of them are powered by lithium-ion cells. Batteries, in general, need 5 things to be successful. You need to have energy density, that gives it the range. You need to have power density that tells you how fast you can charge or discharge and how fast you can get the car up and what power you can get out of it. You’ve got to have life. You’ve got to be able to cycle it up and down. You got to be safe and you have to be affordable. Those are 5 things you need in a battery.

And lithium ion batteries have come a tremendous way from where they got