Rajkot update news indian-ceo-jagdeep-singh-package-is-2-3-billion-in-us-dollars Indian-origin CEOs are taking the world by storm. Parag Agarwal and leena nair are rising to the pinnacle of billion-dollar organizations. Here is another Indian-origin CEO who has been in the news recently due to his handsome pay package.
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Jagdeep Singh is the CEO of the us-base startup quantum scale corp. Found in 2010 by professors Jagdeep Singh, tim hom, and Fritz Prinz. The company is committed to providing electric vehicle manufacturers with a safer and more affordable alternative to lithium-ion batteries. In its early years, the company was backed by microsoft founder bill gates and auto giant Volkswagen.
Jagdeep has received a payroll package that is being compared to tesla ceo elon musk. The company went public in less than a year, and Jagdeep’s salary was approved at the shareholders’ meeting. According to the agency glass lewis, the value of the shares given to jagdeep has been estimated at us $ 2.3 billion, which is Rs 1 crore. 17,486.
The company, headquartered in san jose, California, is currently valued at $50 billion and is funded by bill gates and Volkswagen. With 400 employees, the company is working on next-generation technologies that will accelerate the adoption of electric vehicles worldwide.
Before founding lighter networks and Airsoft, jagdeep was the CEO of Infinera from 2001 to 2009. He studied computer science at Stanford University and the University of Maryland and held an MBA from the University of California.
Here’s a sneak peek into the company’s plans to solve the battery drain problem. Vehicles will need a new type of battery to replace regular gas batteries on the world’s roads.
And this is where Quantumscape has developed a new technology that makes vehicles affordable and durable in the shortest possible time. The battery charges faster and runs more relaxed with better capacity.
The company pioneered the replacement of lithium-ion battery fluid with metal strips, making the battery safer and less prone to combustion. Jagdeep is leading the EV revolution through his innovative skills and the collective efforts of his company and making the world a better place to live in.
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