One year after initial deliveries of solid-state battery prototypes to its automotive partners, QuantumScape is receiving additional praise from PowerCo – the battery-centric subsidiary of Volkswagen Group – for the potential of its technology. PowerCo recently completed an endurance test with QuantumScape’s solid-state cells and determined they can someday power EVs that can drive 500,000 kilometers with virtually no loss of range.
QuantumScape ($QS) is an advanced battery technology company that has been working for over a decade to develop scalable, energy-dense solid-state battery cells that can one-day power EVs that are safer, charge faster, and drive farther.
During QuantumScape’s tenure in solid-state battery development, Volkswagen Group has been a partner from early on and remains one of the startup’s largest investors. OEMs like Volkswagen have helped empower QuantumScape to continue its development and deliver some of the most promising solid-state battery technology in the industry.
In December 2022, the company delivered its first batch of 24-layer solid-state cells to its automotive partners for testing – including Volkswagen Group and others. We’ve since seen QuantumScape develop even more energy-dense cells and, as of October 2023, exceeded performance targets during testing.
Recently, Volkswagen Group’s battery subsidiary PowerCo completed its own endurance tests with QuantumScape’s 24-layer cells and is reporting encouraging results for future EVs that will offer better range with significantly less battery degradation.
VW Group pleased with QuantumScape’s SSB range
According to a report from PowerCo, it has officially confirmed performance metrics previously shared by QuantumScape, bringing longer-range EVs even closer to scaled implementation. The battery company under the VW Group umbrella detailed its endurance testing process, which took place over several months at its laboratory in Salzgitter, Germany, and put the solid-state cells through over 1,000 charge cycles.
The result was a battery that maintained over 95% of its original capacity. Based on that data, PowerCo states that an EV with a WLTP range of 500-600 km (311-373 mi) equipped with the QuantumScape cells can drive approximately 500,000 km (~311,000 miles) without any noticeable loss of total range.
While the industry-standard targets for solid-state cells in this stage of development are 700 charging cycles and a maximum capacity loss of 20%, PowerCo states that QuantumScape’s solid-state cell blew past those expectations, confirming the developer’s own results outlined in its Q3 letter to shareholders. The energy-dense cells also met or exceeded other test criteria like fast-charging capabilities, safety, and self-discharge. PowerCo CEO Frank Blome spoke:
These are very encouraging results that impressively underpin the potential of the solid-state cell. The final result of this development could be a battery cell that enables long ranges, can be charged super-quickly and practically does not age. We are convinced of the solid-state cell and are continuing to work at full speed with our partner QuantumScape towards series production.
PowerCo shared that its unified cell concept design developed for Volkswagen Group is already suitable to house QuantumScape’s solid-state cell technology. The next step will be to perfect and scale the manufacturing processes as both companies look toward scaled solid-state battery production – considered by many to be the “holy grail” of electric mobility.
QuantumScape still has a lot of work to do before achieving viable, scaled production, but VW intends to continue its support now in hopes of delivering long-range, solid-state EVs someday. Per QuantumScape founder and CEO Jagdeep Singh:
These results from the Volkswagen Group’s PowerCo testing make clear that QuantumScape’s anodeless solid-state lithium-metal cells are capable of exceptional performance. While we have more work to do to bring this technology to market, we are not aware of any other automotive-format lithium-metal battery that has shown such high discharge energy retention over a comparable cycle count under similar conditions. We’re excited to be working closely with the Volkswagen Group and PowerCo to industrialize this technology and bring it to market as quickly as possible.
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The California Air Resource Board (CARB) has withdrawn its request to enact the proposed Advanced Clean Fleets rule, which required fleets that are “well-suited for electrification” to reduce emissions through the phase-in of Zero-Emission Vehicles (ZEVs) and the banning of commercial diesel sales after 2035.
“Frankly, given that the Trump administration has not been publicly supportive of some of the strategies that we have deployed in these regulations, we thought it would be prudent to pull back and consider our options,” CARB chair Liane Randolph said in an interview. “The withdrawal is an important step given the uncertainty presented by the incoming administration that previously attacked California’s programs to protect public health and the climate and has said will continue to oppose those programs.”
Here’s hoping the BEVs and ZEVs have better luck next round.
Electrek’s Take
While some may celebrate the delay of the Advanced Clean Fleets rule, their celebrations will undoubtedly prove to be myopic and short-lived. The reality is that America is no longer the world leader in technology or transportation that backward organizations like the American Trucking Association believe it to be, and the fact is that delaying a transition to cleaner, more efficient technology will only put the US further behind its economic rivals in Asia and the Middle East.
Even before this Pyrrhic victory for American truck brands that have been slow to push BEVs into production, demand for diesel was at a generational low, and companies like Volvo, Renault, and Mercedes-Benz have been logging millions of electric miles on their deployed trucking fleets.
All of which is to say: if you thought it was going to be hard for American brands to catch up before, it’s going to be even harder now.
In an official announcement released at 8:15PM last night, Walmart-backed electric van company Canoo filed a voluntary petition for relief under Chapter 7 of the US Bankruptcy Code and will cease operations immediately.
“We would like to thank the company’s employees for their dedication and hard work,” said Tony Aquila, Canoo CEO and one of the company’s largest investors (according to the press release). “We know that you believed in our company as we did. We are truly disappointed that things turned out as they did. We would also like to thank NASA, the Department of Defense, The United States Postal Service (‘USPS’), the State of Oklahoma and Walmart for their belief in our products and our company. This means a lot to everyone in the company.”
As a result of the chapter 7 filing, Canoo will cease operations effective immediately, 8:15PM on 17JAN2025. The next step in the company’s dissolution will see a court-appointed trustee manage the liquidation of the company’s remaining assets.
Electrek’s Take
Rumors fueled by outspoken former employees of Canoo began circling late last year, with furloughed employees urging Oklahoma state leaders to “hold the electric vehicle company accountable” after it shuttered the OK production line that had received more than $100 million in state incentives.
The same employee claims that the company was being wildly mismanaged, and that what few Canoo vehicles the company said it had built in the Oklahoma plant were actually built in Texas, and that no vehicles were actually ever built in OK. “Nothing was functioning,” the unnamed employee said, speaking to local news channel KFOR. “There was no, there was not one robotics line that actually worked to fabricate a part.”
You could argue that the employees should also be held accountable for happily collecting paychecks without actually producing anything this whole time, but that’s a conversation for another day. For now, I’ll be mourning the loss of what could have been a fun little domestic off-roader, and hoping Canoo’s employees find a soft landing and better jobs elsewhere.
The US Department of Energy (DOE) today announced $1.2 billion in financing to replace Puerto Rico’s fossil fuel plants with solar and battery storage through 2032.
The DOE’s Loan Programs Office announced two conditional commitments and one loan closing to power producers in Puerto Rico. Each supports a project contracted with the Puerto Rico Electric Power Authority. The announcements include:
The closing of a $584.5 million loan guarantee to subsidiaries of Convergent Energy to finance a 100 MW solar farm with a 55 MW (55 MWh) battery energy storage system (BESS) in the municipality of Coamo and BESS installations in the municipalities of Caguas (25MW/100MWh), Peñuelas (100MW/400MWh), and Ponce (up to 100MW/400MWh)
A conditional commitment for a loan guarantee of up to $133.6 million to a subsidiary of Infinigen for a 32.1 MW solar farm with an integrated 14.45 MW (4.76 MWh) BESS, and a co-located standalone 50 MW (200 MWh) BESS expansion in the municipality of Yabucoa
A conditional commitment for a loan guarantee of up to $489.4 million to a subsidiary of Pattern Energy for three stand-alone BESS in the municipalities of Arecibo (50 MW/200 MWh), and Santa Isabel (50 MW /200 MWh and 80 MW/320 MW), and a 70 MW solar farm with an integrated BESS in the municipality of Arecibo.
If all are finalized, these projects would more than double LPO’s support for utility-scale solar generation and battery energy storage in Puerto Rico.
LPO provides low-cost financing and a rigorous due diligence process, making it a valuable resource for Puerto Rico as it works to rebuild an affordable, reliable, and clean energy system. As a result of reliance on imported fuel, the persistent threat of tropical storms, and underinvested infrastructure, Puerto Ricans today face average energy costs that are twice the US average – all while consuming only one-quarter of the energy of the US per capita.
LPO’s initial loan to a power producer in Puerto Rico, Project Marahu, closed in October 2024, and when complete will add more than 200 MW of solar and up to 285 MW of stand-alone energy storage to Puerto Rico’s grid.
Through its September 2023 partial loan guarantee to Project Hestia, LPO also supports virtual power plant (VPP)-ready rooftop solar and battery storage installations in Puerto Rico. As a nationwide project, Hestia’s sponsor is committed to at least 20% of installations under Project Hestia going to homeowners in Puerto Rico.
As part of its procurement plan, Puerto Rico Electric Power Authority seeks to install 1,500 MW of battery storage and requires a minimum capacity of storage to be co-located with each utility-scale solar project. Energy storage systems currently online in Puerto Rico are being dispatched every day.
When including Marahu, LPO’s closed and conditionally committed financing supports over 100% of the capacity Puerto Rico Electric Power Authority aimed to procure under its initial request for energy storage project proposals, the first of six.
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