Kensington Capital Acquisition Corp call volume above normal and directionally bullish 13:05 KCAC
KCAC is a SPAC they are going to own a battery company these Robin Hoods Types like these companies electric stuff--
For the uninitiated, those who buy Kensington Capital will eventually own the shares ofbattery development start-up QuantumScape.
- ADVERTISEMENT: CRAVE A GUMMY BUT IT'S ONLY 2:00pm GO AHEAD YOU DESERVE IT---
A developer of a new type of batteries for electric vehicles, QuantumScape is currently privately held and is expected to have an enterprise valuation of $3.3 billion when it goes public later this year.???
Among the investors in QuantumScape are Volkswagen(OTCMKTS:VWAGY), which has agreed to put over $300 million into the company ;Microsoft(NASDAQ:MSFT) founder Bill Gates; and the Qatar Investment Authority. Those are very impressive names.
KCAC is a SPAC they are going to own a battery company these Robin Hoods Types like these companies electric stuff--
For the uninitiated, those who buy Kensington Capital will eventually own the shares ofbattery development start-up QuantumScape.
- ADVERTISEMENT: CRAVE A GUMMY BUT IT'S ONLY 2:00pm GO AHEAD YOU DESERVE IT---
A developer of a new type of batteries for electric vehicles, QuantumScape is currently privately held and is expected to have an enterprise valuation of $3.3 billion when it goes public later this year.???
Among the investors in QuantumScape are Volkswagen(OTCMKTS:VWAGY), which has agreed to put over $300 million into the company ;Microsoft(NASDAQ:MSFT) founder Bill Gates; and the Qatar Investment Authority. Those are very impressive names.
- Van... KCAC...
According to QuantumScape, its solid-state batteries can reach 80% of capacity in 15 minutes. The company added that its batteries, which it does not expect to reach the market until 2024, are also safer than the current batteries used by EVs.

