Buy QuantumScape on the Strength of ‘Forever Battery’ Innovation

Aaron and I kick off with some of the most breakthrough tech of our lifetimes – the solid-state battery. Lithium-ion cells are the status quo of today, and they power pretty much everything – your smartphone, laptop, electric vehicle.

But since they’re comprised of liquids and can only be compressed so much, they aren’t the most energy-dense. And we see this limitation all around us. It’s why current EVs can’t drive long ranges or recharge very fast – and why our cellphones lose juice within a day. Enter solid-state – much smaller, more effective and energy-dense than their liquid-state counterparts.

And they will fundamentally alter the way things work in society – and unlock a potentially multi-trillion-dollar revolution in the process. But since the science is so complex and these batteries are so expensive to make at present, this is still a lab project. In this clip, I dish on the leader in this arena: QuantumScape (NYSE:QS)

As it’s scaled up testing over the past year and a half, it’s proven to have a fantastic solid-state concept. This company could be a huge long-term winner.

On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article.

 


Article printed from InvestorPlace Media, https://investorplace.com/hypergrowthinvesting/2022/03/buy-quantumscape-on-the-strength-of-forever-battery-innovation/.

©2022 InvestorPlace Media, LLC