<p><strong>QuantumScape</strong>（QS 3.39%）的电池终于可能从实验室跃入商业市场。至少这是投资者上个月得到的印象，因为其主要客户首次在摩托车上现场演示了其固态锂金属电池单元。更令人振奋的是，QuantumScape 在九月的最后一天达成了一项重要的新合作伙伴关系。</p>
<p>这两个因素使 QuantumScape 的股票在最近几周飙升：根据标准普尔全球市场情报提供的数据，九月份其股价上涨了 55.4%，截至目前十月份又上涨了 29%。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzY0NTcvZ2V0dHlpbWFnZXMtMTM0ODYzMTAwNy5qcGcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzY0NTcvZ2V0dHlpbWFnZXMtMTM0ODYzMTAwNy5qcGcmdz03MDA"/></p>
<p>图片来源：Getty Images。</p>
<h2>QuantumScape 的重大里程碑和合作伙伴关系</h2>
<p>QuantumScape 的固态电池技术预计将优于目前为电动汽车提供动力的传统锂离子电池。它在电池单元中使用固体陶瓷隔膜，而不是聚合物，这使其能够使用纯锂金属阳极，而不是碳或硅阳极。这显著提高了电池的能量密度，从而增加了由其驱动的电动汽车（EV）的续航里程。它们还提供了更高的安全性、更快的充电速度和更长的使用寿命的潜力。</p>
<p>然而，QuantumScape 尚未实现其技术的商业化，即使在接近这一点时，其最大挑战之一仍然是以具有成本效益的方式大规模生产无缺陷的陶瓷隔膜。</p>
<p>在九月份，QuantumScape 在很大程度上解决了这两个问题。</p>
<p>在九月份的 IAA Mobility 展会上，<strong>大众汽车集团</strong>（VWAGY -0.81%）的子公司 PowerCo 展示了首款全电动的 Ducati V21L 赛车摩托车——它配备了 QuantumScape 的 QSE-5 固态电池。</p>
<p>QuantumScape 的股票因其电池技术首次在现实世界中的演示而大幅上涨。PowerCo 首席执行官 Frank Blome 称该演示 “只是个开始”，并表示两家公司正在努力尽快将 “改变游戏规则的固态电池技术” 推向市场。</p>
<p>QuantumScape 与大众的合作始于 2012 年。从那时起，这家全球汽车巨头在该公司投资了数百万，并与其成立了合资企业。PowerCo 还最近扩大了其许可协议，计划再投资 1.31 亿美元于 QuantumScape——这在之前商定的 1.3 亿美元基础上增加。</p>
<p>几天后，QuantumScape 宣布与玻璃和陶瓷巨头 <strong>康宁</strong>（GLW 1.93%）达成协议，共同开发可大规模生产的陶瓷隔膜，以供商业使用。</p>
<h2>QuantumScape 的股票能涨到多高？</h2>
<p>九月份的这两个发展对 QuantumScape 意味着什么：其战略合作伙伴和客户正在全力以赴实现其固态电池技术的商业化，而电池制造商也找到了一个巨大的合作伙伴来制造其电池中最关键的组件，随着生产的开始。</p>
<p>QuantumScape 的股票在 10 月 3 日达到了每股 16.49 美元的 52 周高点。与以往不同，这次的上涨并不是由投机驱动的。随着公司逐步接近首次销售，QuantumScape 的股票可能会继续上涨。</p>
<p>然而，该公司目前的市值已达到 90 亿美元，但尚未实现销售。最终，其价值将取决于它能产生多少收入，以及何时能够将这些收入转化为现金流和利润。正如管理层在 QuantumScape 最近的财报中指出的：“扩大生产的挑战仍然很大，还有很多工作要做。” 如果你购买该股票，请牢记这一点。如果潜在的回报看起来很高，那么目前的风险也同样很高。</p>

康宁

大众汽车(ADR)

大众(ADR)

<p>QuantumScape 的股票在九月份上涨了 55.4%，达到了 52 周高点 16.49 美元，此次上涨是由于其合作伙伴大众汽车的 PowerCo 在一辆摩托车上进行了固态电池技术的现场演示。该公司还获得了来自大众汽车的 1.31 亿美元投资，并宣布与康宁合作开发用于大规模生产的陶瓷隔离膜。尽管这些进展标志着商业化的进步，但 QuantumScape 仍面临扩大生产和产生收入的挑战，目前市值为 90 亿美元，尚未实现销售</p>

<p><strong>QuantumScape</strong>'s (QS 3.39%) batteries could finally be making the leap from laboratories to commercial markets. At least that's the impression investors got last month when its anchor customer gave a live demonstration of its solid-state lithium metal battery cells in a motorcycle for the first time ever. To top that, QuantumScape struck a meaningful new partnership on the last day of September.</p>
<div class="lb-trans"><p><strong>QuantumScape</strong>（QS 3.39%）的电池终于可能从实验室跃入商业市场。至少这是投资者上个月得到的印象，因为其主要客户首次在摩托车上现场演示了其固态锂金属电池单元。更令人振奋的是，QuantumScape 在九月的最后一天达成了一项重要的新合作伙伴关系。</p>
</div><p>The two factors have sent QuantumScape stock soaring in recent weeks: It logged a 55.4% gain in September, according to data provided by S&amp;P Global Market Intelligence, and is already up another 29% so far in October as of this writing.</p>
<div class="lb-trans"><p>这两个因素使 QuantumScape 的股票在最近几周飙升：根据标准普尔全球市场情报提供的数据，九月份其股价上涨了 55.4%，截至目前十月份又上涨了 29%。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzY0NTcvZ2V0dHlpbWFnZXMtMTM0ODYzMTAwNy5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F836457%2Fgettyimages-1348631007.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>A huge milestone and a partnership for QuantumScape</h2>
<div class="lb-trans"><h2>QuantumScape 的重大里程碑和合作伙伴关系</h2>
</div><p>QuantumScape's solid-state battery technology is expected to be an improvement over the conventional lithium-ion batteries that currently power electric cars. It uses solid ceramic separators in its battery cells instead of polymers, which allows it to use pure lithium-metal anodes instead of carbon or silicon anodes. That significantly increases the energy density of the resulting batteries, and therefore the driving range of electric vehicles (EVs) powered by them. They also offer the potential of greater safety, faster charging, and a longer lifespan.</p>
<div class="lb-trans"><p>QuantumScape 的固态电池技术预计将优于目前为电动汽车提供动力的传统锂离子电池。它在电池单元中使用固体陶瓷隔膜，而不是聚合物，这使其能够使用纯锂金属阳极，而不是碳或硅阳极。这显著提高了电池的能量密度，从而增加了由其驱动的电动汽车（EV）的续航里程。它们还提供了更高的安全性、更快的充电速度和更长的使用寿命的潜力。</p>
</div><p>QuantumScape, however, has yet to commercialize its technology, and even as it nears that point, one of its biggest challenges has been to produce defect-free ceramic separators cost effectively and at scale.</p>
<div class="lb-trans"><p>然而，QuantumScape 尚未实现其技术的商业化，即使在接近这一点时，其最大挑战之一仍然是以具有成本效益的方式大规模生产无缺陷的陶瓷隔膜。</p>
</div><p>In September, QuantumScape addressed both of those concerns to a great extent.</p>
<div class="lb-trans"><p>在九月份，QuantumScape 在很大程度上解决了这两个问题。</p>
</div><p>At the IAA Mobility show in September, <strong>Volkswagen Group</strong>'s (VWAGY -0.81%) subsidiary PowerCo displayed the first all-electric Ducati V21L race motorcycle -- and it was equipped with QuantumScape's QSE-5 solid-state batteries.</p>
<div class="lb-trans"><p>在九月份的 IAA Mobility 展会上，<strong>大众汽车集团</strong>（VWAGY -0.81%）的子公司 PowerCo 展示了首款全电动的 Ducati V21L 赛车摩托车——它配备了 QuantumScape 的 QSE-5 固态电池。</p>
</div><p>QuantumScape stock surged on news of the first-ever demo of its battery technology in the real world. PowerCo CEO Frank Blome called the demonstration &#34;just the beginning&#34; and said the two companies are trying to bring &#34;game-changing solid-state battery technology to the world as soon as possible.&#34;</p>
<div class="lb-trans"><p>QuantumScape 的股票因其电池技术首次在现实世界中的演示而大幅上涨。PowerCo 首席执行官 Frank Blome 称该演示 “只是个开始”，并表示两家公司正在努力尽快将 “改变游戏规则的固态电池技术” 推向市场。</p>
</div><p>QuantumScape's partnership with Volkswagen goes back to 2012. Since then, the global automotive giant has invested millions in the company and formed a joint venture with it. PowerCo also recently expanded its licensing agreement to invest another $131 million into QuantumScape -- over and above the previously agreed $130 million -- as it expands QSE-5 battery production.</p>
<div class="lb-trans"><p>QuantumScape 与大众的合作始于 2012 年。从那时起，这家全球汽车巨头在该公司投资了数百万，并与其成立了合资企业。PowerCo 还最近扩大了其许可协议，计划再投资 1.31 亿美元于 QuantumScape——这在之前商定的 1.3 亿美元基础上增加。</p>
</div><p>Days later, QuantumScape announced an agreement with glass and ceramics giant <strong>Corning</strong>(GLW 1.93%) to jointly develop ceramic separators that can be produced at scale for commercial use.</p>
<div class="lb-trans"><p>几天后，QuantumScape 宣布与玻璃和陶瓷巨头 <strong>康宁</strong>（GLW 1.93%）达成协议，共同开发可大规模生产的陶瓷隔膜，以供商业使用。</p>
</div><h2>How high can QuantumScape stock go?</h2>
<div class="lb-trans"><h2>QuantumScape 的股票能涨到多高？</h2>
</div><p>Here's what the two developments from September mean for QuantumScape: Its strategic partner and customer is going all-in to commercialize its solid-state battery technology, and the battery maker has also found a huge partner to manufacture the most critical components of its batteries as it commences production.</p>
<div class="lb-trans"><p>九月份的这两个发展对 QuantumScape 意味着什么：其战略合作伙伴和客户正在全力以赴实现其固态电池技术的商业化，而电池制造商也找到了一个巨大的合作伙伴来制造其电池中最关键的组件，随着生产的开始。</p>
</div><p>QuantumScape stock hit a 52-week high of $16.49 per share on Oct. 3. For a change, this recent rally isn't being driven by speculation. And QuantumScape stock could continue to rally as the company inches closer to its first sale.</p>
<div class="lb-trans"><p>QuantumScape 的股票在 10 月 3 日达到了每股 16.49 美元的 52 周高点。与以往不同，这次的上涨并不是由投机驱动的。随着公司逐步接近首次销售，QuantumScape 的股票可能会继续上涨。</p>
</div><p>However, the company already commands a market cap of $9 billion with zero sales. Eventually, its value will all boil down to how much revenue it can generate and when it can start converting that revenue into cash flow and profits. As management noted during QuantumScape's most recent earnings release: &#34;The challenges of scaling production remain significant, and there is still much work left to do.&#34; Bear that in mind if you buy the stock. If the potential rewards seem high, so are the risks for now.</p>
<div class="lb-trans"><p>然而，该公司目前的市值已达到 90 亿美元，但尚未实现销售。最终，其价值将取决于它能产生多少收入，以及何时能够将这些收入转化为现金流和利润。正如管理层在 QuantumScape 最近的财报中指出的：“扩大生产的挑战仍然很大，还有很多工作要做。” 如果你购买该股票，请牢记这一点。如果潜在的回报看起来很高，那么目前的风险也同样很高。</p>
</div>

为什么 QuantumScape 的股票在九月份上涨了 55%，并刚刚达到 52 周高点