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\nA webcast replay of the conference call will be available approximately two hours after the event is over at investors.ses.ai\/events-and presentations\/events\/default.aspx.<\/a><\/p>\n About SES\u00a0 \nSES may use its website as a distribution channel of material company information. Financial and other important information regarding SES is routinely posted on and accessible through the Company\u2019s website at www.ses.ai<\/a>. Accordingly, investors should monitor this channel, in addition to following SES\u2019s press releases, Securities and Exchange Commission filings and public conference calls and webcasts..\n<\/p>\n Forward-looking statements<\/b><\/p>\n \nThis press release contains statements that SES believes are \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements relating to expectations for future financial performance, business strategies or expectations for our business. These statements are based on the beliefs and assumptions of the management of SES. Although SES believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, it cannot provide assurance that it will achieve or realize these plans, intentions or expectations. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as \u201canticipate\u201d, \u201cbelieve\u201d, \u201ccan\u201d, \u201ccontinue\u201d, \u201ccould\u201d, \u201cestimate\u201d, \u201cexpect\u201d, \u201cforecast\u201d, \u201cintend\u201d, \u201cmay\u201d, \u201cmight\u201d, \u201cplan\u201d, \u201cpossible\u201d, \u201cpotential\u201d, \u201cpredict\u201d, \u201cproject\u201d, \u201cseek\u201d, \u201cshould\u201d, \u201cstrive\u201d, \u201ctarget\u201d, \u201cwill\u201d, \u201cwould\u201d and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.\n<\/p>\n \nYou should not place undue reliance on these forward-looking statements. Should one or more of a number of known and unknown risks and uncertainties materialize, or should any of SES\u2019s assumptions prove incorrect, our actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include, but are not limited to the following risks: risks related to the development and commercialization of SES\u2019s battery technology and the timing and achievement of expected business milestones; risks relating to the uncertainty of achieving and maintaining profitability; risks relating to the uncertainty of meeting future capital requirements; the ability of SES to integrate its products into electric vehicles (\u201cEVs\u201d); the risk that delays in the pre-manufacturing development of SES\u2019s battery cells could adversely affect SES\u2019s business and prospects; potential supply chain difficulties; the ability of SES to engage target original equipment manufacturers (\u201cOEMs\u201d) customers successfully and integrate SES\u2019s products into EVs manufactured by OEM customers; the ability to obtain raw materials, components or equipment through new or existing supply relationships; risks resulting from SES\u2019s joint development agreements and other strategic alliances and investments; product liability and other potential litigation, regulation and legal compliance; SES\u2019s ability to attract, train and retain highly skilled employees and key personnel; the uncertainty in global economic conditions and risks relating to health epidemics, including the COVID-19 pandemic and any operational interruptions; developments in alternative technology or other fossil fuel alternatives; risks related to SES\u2019s intellectual property; business, regulatory, political, operational, financial and economic risks related to SES\u2019s business operations outside the United States; SES has identified a material weakness in its internal control over financial reporting and may identify material weaknesses in the future or otherwise fail to develop or maintain an effective system of internal controls; the volatility of SES\u2019s common stock and value of SES\u2019s public warrants; and the other risks described in \u201cPart I, Item 1A. Risk Factors\u201d in our annual report on Form 10-K for the fiscal year ended December 31, 2021 filed with the Securities and Exchange Commission (\u201cSEC\u201d) on March 31, 2022 and other documents filed from time to time with the SEC. There may be additional risks that SES presently knows and\/or believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect SES\u2019s expectations, plans or forecasts of future events and views only as of the date of this press release. SES anticipates that subsequent events and developments will cause its assessments to change. However, while SES may elect to update these forward-looking statements at some point in the future, SES specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing SES\u2019s assessments as of any date subsequent to the date of this press release.\n<\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230314005129\/en\/<\/a><\/span><\/p>\n Investors:<\/b> Eric Goldstein ericgoldstein@ses.ai KEYWORDS:<\/b> United States North America Massachusetts<\/p>\n INDUSTRY KEYWORDS:<\/b> Automotive Manufacturing Alternative Energy Green Technology Energy Manufacturing Alternative Vehicles\/Fuels Technology Recycling EV\/Electric Vehicles Other Transport Environment Artificial Intelligence Transport Automotive Software Logistics\/Supply Chain Management<\/p>\n MEDIA:<\/b><\/p>\n SES Reports Fourth Quarter 2022 Financial Results BOSTON–(BUSINESS WIRE)– SES AI Corporation (NYSE: SES), headquartered in Boston, a global leader in the development and manufacturing of high-performance lithium-metal (Li-Metal) rechargeable batteries for electric vehicles (EVs) and other applications, today announced its business and financial results for the fourth quarter of 2022, which ended December 31. 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, that provides a business update and details its fourth-quarter financial results. \u201cIn 2021, SES was the first Li-Metal battery company to establish an automotive A-sample joint development agreement (JDA) and, in 2022, we laid the groundwork for transitioning to … <\/p>\n
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<\/b>SES is a global leader in development and production of high-performance Li-Metal rechargeable batteries for EVs and other applications. Founded in 2012, SES is an integrated Li-Metal battery manufacturer with strong capabilities in material, cell, module, AI-powered safety algorithms and recycling. Formerly known as SolidEnergy Systems, SES is headquartered in Boston and has operations in Singapore, Shanghai, and Seoul.\n<\/p>\n<\/p>\n
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Media:<\/b> Irene Lam ilam@ses.ai<\/a><\/p>\n\n","protected":false},"excerpt":{"rendered":"