BOSTON--SES AI Corporation (NYSE: SES), a global leader in the development and manufacturing of high-performance lithium-metal (Li-Metal) rechargeable batteries for electric vehicles (EVs), Urban Air Mobility (UAM) and other applications, today announced its business and financial results for the fourth quarter and full year 2023, which ended December 31, 2023.

(Photo: Business Wire)

The Company posted a Letter to Our Shareholders on its Investor Relations website from Founder and CEO Dr. Qichao Hu and Chief Financial Officer Jing Nealis, which provides a business update and details its fourth quarter and full year 2023 results.

“2023 was a great year for us,” said Dr. Hu. “We took a massive step toward commercialization of our Li-Metal technology for automotive applications, and we signed the world’s first automotive B-sample joint development agreement for Li-Metal batteries with a major automaker. As we look to the year ahead, we will focus on our EV B-sample, suppling the first batch of UAM cells, and improving Avatar AI incident prediction accuracy.”

SES will host a live conference call today at 5 p.m. ET that will be available through its Investor Relations website. The following link can be used to register for the call: earnings call webcast.