QuantumScape Corporation (QS) stock rose 7.77 percent, or $0.54, to $7.44 on Thursday after the company announced a joint research agreement with Honda R&D Co., Ltd., a subsidiary of Honda Motor Co., to advance QuantumScape's solid-state lithium-metal battery technology.
The stock is currently trading at $7.44, compared with its previous close of $6.90 on the Nasdaq. Shares opened at $7.68 and traded between $7.14 and $8.02 during the session. Trading volume reached 29.83 million shares, above the average daily volume of 20.57 million shares.
The multi-year collaboration will focus on battery development and manufacturing processes following Honda's successful evaluation of QuantumScape's technology platform.
QS shares have traded between $4.16 and $19.07 over the past 52 weeks.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.