QuantumScape Corporation (NYSE:QS) Q3 2023 Earnings Call Transcript

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But the overall behavior outside of that in terms of capacity retention and fast charge is quite good. In fact, I think we published fast-charge results in the last earnings letter, so that data is there for you to look at. But the basic idea is in 2024, we plan to basically combine this 24-layer cell with the higher-loading cathode, the more efficient packaging and the improvements to reliability that we’re putting into our process.

Kevin Hettrich: Yes. [Multiple Speakers] we did publish fast-charge data in the Q2 letter. And then also, it is a — it is more capital efficient to do development work on a smaller layer count as possible. So, just another example of us being as effective and prudent with capital as possible.

Gabe Daoud: Got it. Thanks for that, Kevin. Thanks, guys.

Jagdeep Singh: Yeah, good question. Thanks, Gabe.

Operator: There are no further questions at this time, I will turn the call to Jagdeep for closing remarks.

Jagdeep Singh: Okay. With that I’d like to thank you all for joining us. I’d also like to thank our team for their excellent work this quarter and, of course, thank our shareholders for their continued support of our mission. I look forward to sharing more as we continue ahead.

Operator: This concludes today’s conference call. Thank you for joining. You may now disconnect your lines.

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