REAL-TIME GLOBAL RESEARCH
QuantumScape Corp. (qs): Research agreement at Honda and opportunities in non-auto markets, but potential reduced opportunity at VW; 2Q26 wrap
Research evidence excerpt
QuantumScape Corp. (qs): Research agreement at Honda and opportunities in non-auto markets, but potential reduced opportunity at VW; 2Q26 wrap
elation to Article 6 (2) of the European Commission Delegated Regulation (EU)
(2016/958) supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council (including as that Delegated Regulation is
implemented into United Kingdom domestic law and regulation following the United Kingdom’s departure from the European Union and the European
Economic Area) with regard to regulatory technical standards for the technical arrangements for objective presentation of investment
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conflicts of interest is available at https://www.gs.com/disclosures/europeanpolicy.html which states the European Policy for Managing Conflicts of
Interest in Connection with Investment Research.
Japan: Goldman Sachs Japan Co., Ltd. is a Financial Instrument Dealer registered with the Kanto Financial Bureau under registration number Kinsho 69,
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tax. See company-specific disclosures as to any applicable disclosures required by Japanese stock exchanges, the Japanese Securities Dealers
Association or the Japanese Securities Finance Company.
Ratings, coverage universe and related definitions
Buy (B), Neutral (N), Sell (S) Analysts recommend stocks as Buys or Sells for inclusion on various regional Investment Lists.
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