Jagdeep Singh: Indian-origin CEOs are governing the world, particularly in the technology business, with Google and Microsoft, the two market titans who are influencing the world, as the most prominent examples.
Parag Agrawal just become the CEO of Twitter, causing quite a stir. After Parag Agrawal, another Indian national, Jagdeep Singh, the CEO of a US battery startup called QuantumScape, is in the news. The reason for Jagdeep Singh’s recent attention is his large remuneration package.
Who is QuantumScape’s Founder and CEO, Jagdeep Singh?
Indian-origin QuantumScape Corp., an energy storage startup in the United States, is led by Jagdeep Singh. Jagdeep Singh is the founder and CEO of QuantumScape Corp, according to his LinkedIn profile.
Jagdeep Singh graduated from Stanford University with a bachelor’s degree in computer science and a master’s degree in business administration from the University of California. Jagdeep Singh, according to his LinkedIn profile, is the founder of various firms, including Lightera Networks, AirSoft, and others.
When was QuantumScape established?
From 2001 through 2009, Jagdeep Singh was the founder and CEO of Infinera. In 2010, Jagdeep Singh, Tim Home, and Professor Fritz Prinz of Stanford University founded QuantumScape.
Who is putting money into QuantumScape?
QuantumScape is a corporation based in the United States that does research on solid-state lithium metal batteries for electric vehicles. The company employs roughly 400 employees and is based in San Jose, California. Singh created QantumScape in 2010 with early backing from Microsoft co-founder Bill Gates and Volkswagen.
Is it possible that QuantumScape just solved a 40-year-old battery issue?
Electric vehicles will require an altogether new sort of battery if they are ever to totally replace gas-guzzlers on the world’s roadways. QuantumScape researchers have created a new battery technology that can provide affordable, long-range electric vehicle rides in just four years.
The new technology allows the batteries (known as Solid-state lithium metal batteries) to have a higher capacity, recharge faster, and operate cooler than existing lithium-ion batteries. Furthermore, the batteries charge without degrading over time, which is a problem with lithium batteries.
One of the most significant scientific breakthroughs made by the QuantumScape team is the substitution of liquid in lithium-ion batteries with a metal strip that makes them safer and less prone to burning.
Jagdeep Singh received a’staggering’ compensation deal akin to Elon Musk’s.
QuantumScape, an American firm, went public only a year ago, and Jagdeep Singh’s massive compensation package was recently accepted at the annual meeting of shareholders. Jagdeep is the creator and CEO of QuantumScape Corp, according to his LinkedIn profile, which he obtained on the internet.
The decision to reward Jagdeep Singh with a massive salary package was unanimously accepted at a recent shareholders’ meeting. The shares to be allotted to Jagdeep Singh are expected to be valued over US $2.3 billion, according to proxy advisory company Glass Lewis (Rs 17,486 crore in Indian currency).
Let’s hope that Jagdeep Singh’s QuantumScape’s battery breakthroughs can assist usher in the electric vehicle revolution we’ve all been waiting for. For the most up-to-date science and technology news, visit Indiatimes.com.