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  "documentTitle": "QuantumScape (QS)",
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  "authorName": "Scorpion Capital",
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  "presentationDate": "2021-04-15 00:00:00",
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      "text": "Red flag: QS once again hides the actual capacity the battery is charged to in its simulation. Experts indicate it's a common form of cheating when making battery claims, as at low energy loadings a cell can last forever.",
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      "text": "Key data slide from QS December 8th “Battery Showcase” – slide #20",
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      "text": "1) Graph DOES NOT show the actual capacity the cell is charged/discharged to over 1,000 cycles, which is industry standard for how cycle life is reported\n2) Instead, the Y-axis says “Discharge energy [%]” – using a percentage instead of the ACTUAL numerical battery capacity and how it degrades over cycle life.\n3) “Discharge energy [%]” is meaningless without knowing the numerator and denominator. Is this the same as the industry-standard term “Depth of Discharge,” and if so, how does QS define it?",
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      "text": "Note: Red boxes, circles, and arrows ours for emphasis. Source: https://s26.q4cdn.com/263384136/files/doc_presentation/2021/1/Data-Launch-Updated-Post-Presentation-20210107-2.pdf",
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      "text": "Cycle life is one of the most important items reported for any battery. The more often a battery is charged and discharged, the shorter its lifespan... Hence, battery performance data is meaningless unless BOTH 1) the total, actual level of charge is reported vs. just a percentage, as well as 2) the Depth of Discharge used for the cycle life test. We see neither in the QS data.",
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      "text": "3) Phony claim D: Long battery life to 1,000+ charge cycles",
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