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QuantumScape Energy Storage Deal Cuts PowerCo’s EV Battery Payments by $7 Million
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QuantumScape Energy Storage Deal Cuts PowerCo’s EV Battery Payments by $7 Million
San Jose, October 24, 2026, 11:09 (PDT) QuantumScape (NASDAQ:QS) and PowerCo have eliminated $7 million in payments from their battery development programme. An October 23 regulatory filing also disclosed a pause in milestone payments during negotiations. The amendment was signed October 21. The removed payments equal 9.3% of the programme’s previous $75.4 million ceiling. Subtraction…
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