QuantumScape (QS) Soars 30.95% on Cell Production Milestone

We recently published These 10 Companies are in Beast Mode. QuantumScape Corporation (NYSE:QS) is one of the Wednesday’s top performers.

QuantumScape jumped by 30.95 percent on Wednesday to close at $5.67 apiece after achieving an important milestone in its baseline cell production capabilities with the integration of the advanced Cobra separator process.

According to QuantumScape Corporation (NYSE:QS), Cobra forms the foundation of its high-throughput, continuous-flow separator production platform with its ability to offer 25x improvement in heat treatment speed. It is designed to enable faster, more energy-efficient production with a smaller equipment footprint compared with earlier processes.

“By significantly improving throughput and shrinking the equipment footprint, Cobra gives us a powerful path forward for commercializing our next-generation battery technology,” said QuantumScape Corporation (NYSE:QS) CEO Siva Sivaram.

QuantumScape (QS) Soars 30.95% on Cell Production Milestone

A line of electric vehicles parked in front of a research & development building in San Jose, California.

For his part, QuantumScape Corporation (NYSE:QS) co-founder and CTO Tim Holme said that the advancement is crucial to bringing the company’s high-performance solid-state battery platform to market at gigawatt scale.

While we acknowledge the potential of QS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.