Jul. 25 at 6:31 AM
$QS $VWAGY Update: VW’s H1 2025 report (released July 25) makes no mention of QuantumScape, PowerCo’s licensing deal, or the
$130M+ obligation. The amended agreement was only announced on July 24, so it likely missed the accounting cutoff. No liability has been booked yet, and nothing appears in the notes as a prepayment or contingent item.
But under IFRS, this will have to show up once the obligation becomes measurable and probable — which, post-Cobra, it arguably now is. Expect this to surface in Q3 results or at the latest in YE 2025.