SES AI Corporation Unveils Investor Presentation Highlighting AI-Enhanced Battery Innovations and Market Expansion

Reuters
06/13
SES AI Corporation Unveils Investor Presentation Highlighting AI-Enhanced Battery Innovations and Market Expansion

SES AI Corporation has announced progress in its transition from research and development to revenue-generating operations. The company has expanded its partnerships with automotive original equipment manufacturers (OEMs) for both Li-Metal and Li-ion electric vehicle $(EV)$ batteries, anticipating global EV battery shipment growth from 974 GWh in 2024 to 3,758 GWh by 2030. SES AI's new AI-enhanced electrolyte has led to a development contract with partners and potential inclusion in Li-ion programs. They have successfully completed significant safety tests for their Li-Metal cells, marking a step towards further development stages. Additionally, SES AI is entering the energy storage sector, which is projected to grow tenfold compared to the EV market. A memorandum of understanding with AISPEX marks its entry into this sector. The company reported a record $5.8 million in revenue for the first quarter of 2025, with expectations to reach $15-$25 million by the end of the year. An ongoing $30 million share repurchase program has also been announced. You can access the full presentation through the link below.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SES AI Corporation published the original content used to generate this news brief on June 12, 2025, and is solely responsible for the information contained therein.

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