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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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  "notes": "The slide includes a screenshot of a QuantumScape presentation slide with added red annotations to highlight the alleged deception.",
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      "kind": "callout",
      "text": "Y-axis conceals the actual capacity the prototype cell is cycled at, instead using a non-standard and undefined term – “Discharge Energy [%]”",
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      "text": "Y-axis conceals the actual capacity the prototype cell is cycled at, instead using a non-standard and undefined term - \"Discharge Energy [%]\"",
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      "text": "Key data slides from QS December 8th “Battery Showcase” – slide #22",
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      "text": "We earlier discussed the company’s claim of 1,000+ charge and discharge cycles. Solid-state experts pointed to a significant red flag – that QS appears to be cheating by cycling its prototype to a low energy level (1/3 of a typical hearing aid battery), a common gimmick to show long battery life. The same red flag appears in its low temperature cycle life claim. Given that cycle life in cold climates already appears disastrous, we wonder how much worse it would be if QS cycled a cell at a load more realistic for an EV battery.",
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      "text": "Source: https://s26.q4cdn.com/263384136/files/doc_presentation/2021/1/Data-Launch-Updated-Post-Presentation-20210107-2.pdf",
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      "text": "Red flag 3: QS once again hides the actual capacity the cell is charged to. Experts quoted earlier indicate it’s a common form of cheating when making battery claims, as at low energy loadings a cell can last forever. That is, at real EV capacity, QS cell may die well before 30K miles.",
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