SES Announces Q4 and Full-Year 2023 Business and Financial Performance, Issues 2024 Guidance

SES AI Corporation (NYSE: SES), a leading global developer and manufacturer of high-performance lithium metal batteries catering to electric vehicles (EVs), urban air mobility (UAM), and other advanced sectors, discloses its financial outcomes for the fourth quarter and fiscal year 2023, concluding on December 31, 2023.

In a recent update, SES AI Corporation shared a comprehensive letter addressed to its shareholders on its investor relations platform, authored by its founder and CEO, Dr. Qichao Hu, alongside Chief Financial Officer Jing Nealis. The communication outlines the company’s progress in business expansion and elucidates on the financial standings for Q4 and the entirety of 2023.

Dr. Hu expressed optimism regarding the achievements of the past year, citing notable advancements towards the commercialization of lithium metal technology tailored for automotive applications. Furthermore, SES secured a groundbreaking partnership agreement for the collaborative development of B-pattern lithium metal batteries with a prominent automotive entity. Looking forward, the company aims to prioritize the advancement of its EV-B sample, commencement of the initial small-scale UAM cell deliveries, and enhancing the accuracy of avatar AI predictions.

For those interested, SES has scheduled a live conference call slated for today at 5:00 p.m. ET, accessible via the Investor Relations website. Registration for the conference call can be completed through the provided link. Additionally, participants can join the call via telephone using the following numbers:

USA (toll-free):



+1 404-975-4839

Access code:


A recording of the webcast will be archived approximately two hours post the call’s conclusion and will remain accessible for an additional six months from its original broadcast date. The webcast recording can be accessed at:

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