US Stock Market Move | QuantumScape(QS.US) surged over 18% and soared 200% in a month.

On Thursday, QuantumScape (QS.US) rose over 18%, surging 200% in a month to $13.40. On the news front, the company's stock price has risen significantly, with investors continuing to focus on its recent technological breakthroughs and regain optimism about the company's future prospects in the field of solid-state batteries for electric vehicles. Last month, QuantumScape announced that it had successfully integrated the new Cobra membrane process into its benchmark production line ahead of schedule. This process represents a significant improvement over the previous system, with production efficiency increasing by 25 times and the required equipment occupying significantly less space. The Cobra process is designed for gigawatt-scale battery production, which is crucial for driving the large-scale application of solid-state batteries in the electric vehicle industry. This technological breakthrough means that QuantumScape can now produce battery units with higher efficiency and on a larger scale.