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  "documentTitle": "QuantumScape (QS)",
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  "presentationDate": "2021-04-15 00:00:00",
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  "notes": "Uses a screenshot of a Medium article to provide external validation for the claim of systemic fraud.",
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      "kind": "callout",
      "text": "However, despite academic success of battery research, the commercial battery world has suffered from a reputation of fraud. Key examples include Envia in 2013, Sakti3 n 2017, and Nikola Motors n 2020...",
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      "text": "There is a clear pattern of fraud and scandals permeating the battery startup world, with key examples like Envia, Satki3, and most recently, Nikola Motors.",
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      "text": "Thomas Edison’s warning – the “peculiar” power of battery stocks to bring out their promoters’ “latent capacity for lying” – was prophetic. It remains a well-known and much-discussed problem in the battery industry today.",
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      "text": "“However, despite academic success of battery research, the commercial battery world has suffered from a reputation of fraud. Key examples include Envia in 2013, Sakti3 n 2017, and Nikola Motors n 2020, ranging from misrepresentation to investors to various forms of sugarcoating promises of their new technologies. It seems to be becoming too commonplace to see once-celebrated startups succumbing to the fate of fraud and scandal.” — BatteryBits article",
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      "text": "Source: https://medium.com/batterybits/preventing-fraud-in-the-battery-world-22e62bfbfbd",
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