BERLIN (Reuters) – Volkswagen is increasing its stake in U.S. company QuantumScape by up to $200 million to boost the development of solid-state battery technology that aims to increase the ranges of electric cars and shorten charging times, the German carmaker said https://bit.ly/2BcvqPY on Tuesday.
Volkswagen added that plans for a pilot plant were expected to be firmed up in the course of this year.
(Reporting by Thomas Seythal; Editing by Michelle Martin)
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