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QuantumScape Jumps to 52-Week High on Corning, Murata Deals and Minerals Jitters

Minerals tensions plus new production partners sharpen investor focus before the Oct. 22 update.

Overview

  • Shares rose more than 20% intraday Monday and closed up 15.6% at $16.99, approaching the 52-week high of $17.79.
  • China’s new export licensing for certain rare-earth materials and specific lithium batteries heightened supply concerns, while President Donald Trump’s softer weekend tariff tone eased broader market fears.
  • QuantumScape recently announced production partnerships with Corning and Murata intended to move its solid-state battery technology toward commercialization.
  • The stock has climbed over 70% in the past month as investors respond to the company’s strategic agreements and growing attention on domestic battery technology.
  • QuantumScape describes its cells as using a lithium‑metal anode with a solid ceramic separator designed for higher energy density, faster charging, longer range, and improved safety, and it reports results on Oct. 22.