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  "documentTitle": "QuantumScape (QS)",
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      "text": "We note the sharp contrast between VW’s perspective versus what the CEO has represented.",
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      "text": "Q&A during our research consultation call\nQ: “Volkswagen knows what the chemistry is here?”\nA: “Not in detail.” – VW employee",
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      "text": "VW states that they don’t even know the chemistry or materials in Quantumscape’s prototype, describing it as a black box: technology is “unknown to everybody”; they want to “keep their recipe in their kitchen”",
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      "kind": "quote",
      "text": "“I think QuantumScape wants to keep their recipe in their kitchen. That’s my feeling. They open up the black box to say here are the specs you requested, and this is our testing result.” – VW employee",
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      "text": "“VW doesn’t know the chemistry and the core processing of the manufacturing and industrialization. By chemistry, I mean the structure of the cells and also the material in the cell. We treat that as a kind of black box. In the meantime, they are developing the industrialization process based on this technology, which is actually unknown to everybody.” – VW employee",
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      "text": "“I think QuantumScape wants to keep their recipe in their kitchen. That’s my feeling. They open up the black box to say here are the specs you requested, and this is our testing result.” — VW employee; “VW doesn’t know the chemistry and the core processing of the manufacturing and industrialization. By chemistry, I mean the structure of the cells and also the material in the cell. We treat that as a kind of black box. In the meantime, they are developing the industrialization process based on this technology, which is actually unknown to everybody.” — VW employee; “Not in detail.” — VW employee",
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      "text": "Source: Scorpion Capital consultation calls with experts",
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      "text": "2) VW employees indicate internal skepticism of Quantumscape’s claims",
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