Quick Read – QuantumScape (QS) surged 11% after sealing a Honda battery pact, pulling peer Solid Power (SLDP) 4% higher on broad sector enthusiasm. – Honda signed only after rigorous benchmarking and stress testing, with R&D COO Atsushi Ogawa citing QuantumScape’s “compelling…
d unique advantages.” – QuantumScape’s CEO and CTO reduced their share positions in May and June, casting a cautionary shadow over both pre-revenue, cash-burning names. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and QuantumScape didn’t make the cut. Grab the names FREE today
QuantumScape (NYSE:QS) stock is surging in Thursday’s midday session, up 11% to $7.67 after the company unveiled a joint research agreement with Honda Motor (NYSE:HMC) to advance solid-state battery technology. The pop builds on an earlier session gain of 8% that accelerated as the news circulated. Sympathy buying is lifting peer Solid Power (NASDAQ:SLDP) stock, which is trading higher by 4% to around $2.80.
Solid Power has no company-specific catalyst today, but renewed enthusiasm for solid-state battery developers is spilling across the group. The reaction is sharp because it lands inside an otherwise bruising year for QuantumScape shares. QuantumScape stock is down more than 24% year to date in 2026, yet still up more than 81% over the past 12 months, underscoring just how volatile this name has been.