QuantumScape (QS) has announced a partnership with Murata Manufacturing (MRAAF), a Japanese electronics giant. The companies have entered a joint development agreement to scale up production of ceramic separators used in QuantumScape’s solid-state batteries. These separators help improve safety, charging speed, and energy density of the batteries.
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Importantly, the news comes just a week after QuantumScape joined hands with glass and ceramics giant Corning (GLW). The back-to-back manufacturing and supply deals helped boost investor confidence that the company is rapidly closing the gap to commercial production.
Murata has expertise in ceramic materials, from formulation to sheet forming and firing. That makes it an ideal partner to help QuantumScape move from small lab tests to large-scale production. The two companies have been discussing this partnership since February 2025.
QuantumScape Gains Ground as Battery Demand Grows
The news further fuels the momentum behind QS stock that has surged over 195% so far in 2025. Investors are optimistic about the company’s progress in bringing its solid-state battery technology to market.
The company has tested its QSE-5 battery in real-world settings, teamed up with partners to boost production, and plans to use its tech in phones, data centers, and more beyond electric cars.
It must be noted that global demand for solid-state batteries is rising rapidly, driven by electric vehicles, consumer electronics, and energy storage systems.
According to Global Growth Insights, the solid-state battery market is expected to grow from $0.26 billion in 2024 to $0.34 billion in 2025, and reach $3.4 billion by 2033, with a CAGR of 33.4%.
Thus, QuantumScape’s capital-light licensing model and fast progress toward launching its batteries make it a key player in the future of battery technology.
Is QS Stock a Good Buy?
Turning to Wall Street, analysts have a Hold consensus rating on QuantumScape stock based on one Buy, two Holds, and one Sell assigned in the past three months. At $7.33, the average QS stock price target implies a 52.19% downside potential.
