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SES AI

SES AI

Pioneers Li-Metal batteries for electric transportation

About

SES AI Corp is pioneering Li-Metal batteries for electric transportation, offering ultra-high energy density and lightweight design. The company utilizes advanced AI algorithms for battery health monitoring and has operations in Boston, Shanghai, and Seoul.

Company Stage

IPO

Employees

51-200

Industries

Automotive & Transportation, Hardware, Industrial & Manufacturing, Energy, Social Impact, AI & Machine Learning, Aerospace, Biotechnology

Total Funding

$500.1M

Headquarters

N/A

Founded

2012


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Simplify's Take

What believers are saying

  • SES AI's collaboration with Hyundai and Kia to build one of the largest Li-Metal production lines in the world signifies strong growth potential and industry leadership.
  • The company's new facility in South Korea enhances its global manufacturing capabilities, complementing its existing Shanghai Giga factory.
  • SES AI's advancements in battery safety and performance, such as the 50Ah cells passing rigorous third-party abuse tests, position it as a reliable and innovative player in the EV battery market.

What critics are saying

  • The rapid pace of technological advancements in the battery industry could render SES AI's current technologies obsolete if not continuously updated.
  • Dependence on strategic partnerships and joint development agreements means that any disruption in these relationships could significantly impact SES AI's growth and innovation.

What makes SES AI unique

  • SES AI is a global leader in high-performance Li-Metal battery development and manufacturing, setting it apart from competitors focused on traditional lithium-ion technologies.
  • The company's strategic partnerships with major automakers like Hyundai, Kia, and GM for joint development agreements (JDAs) highlight its industry influence and collaborative approach.
  • SES AI's commitment to innovation is evident in its initiatives like the development of a closed-loop recycling process for Li-Metal batteries, a first in the industry.

Growth & Insights
Headcount

6 month growth

7%

1 year growth

8%

2 year growth

38%

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