Hey guys, I posted about this settlement already, but in case you missed it, I decided to post it again. They are taking claims now, so if you bought QS a few years back, you can file to get payment.
Long story short: it all started in 2020, when QuantumScape announced its "advancements" in its technology (battery life, charge time, and scalability). But not much time later, on Seeking Alpha, there was published a report called "QuantumScape’s Solid-State Batteries Have Significant Challenges".
They basically said that QS will likely never achieve the performance they claimed due to cost issues, overheating, and vibration-related defects. After that, the QS fell, and they were suited by investors.
Now they finally decided to resolve this scandal by paying almost $48M to investors. So, if you were damaged back then, you can check it out here, and file for payment.
Anyway, I guess now QS is doing better but did they actually resolve the issues they had? Or is it just to pay and forget?
Deadline Updated For Getting Payment In QuantumScape $48M Investor Settlement
byu/thesatisfiedplethora inenergy
by thesatisfiedplethora