SES AI signs $10M contracts with auto giants to develop AI-powered battery electrolytes for EVs.

SES AI Corporation has signed contracts worth up to $10 million with two major automotive manufacturers to develop advanced Li-Metal and Li-ion battery electrolytes using AI technology. Revenue from these contracts is expected to begin in Q4 2024, with the remainder in mid-2025. This move aims to accelerate the commercial use of AI in battery material discovery for electric vehicles.

2 months ago
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