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SES AI, Hyundai Motor and Kia Agree to Enter the Next Phase of Their Joint Development Contract

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SES AI Corporation, Hyundai Motor, and Kia Corporation have signed an agreement to enter the next phase of their joint development agreement (JDA) to start developing B samples. Hyundai Motor and Kia will build a dedicated B-sample cell development, assembly, and testing facility in Ui-Wang, South Korea, and SES AI will build and operate one of the largest capacity Li-Metal lines in the world within this new facility. This collaboration is the first of its kind in the Li-Metal battery industry and represents an important milestone in achieving commercial production. SES AI is the first Li-Metal battery company in the world to have two B-sample development JDAs underway. SES AI, Hyundai Motor, and Kia teamed up in 2021 to collaborate on a range of technologies, including Li-Metal batteries for UAM as well as EV applications.

#SesAi #HyundaiMotor #KiaCorporation #LimetalBatteries #JointDevelopmentAgreement #BSamples #Uiwang #SouthKorea #CommercialProduction #ElectricVehicles #UrbanAirMobility

https://finance.yahoo.com/news/ses-ai-hyundai-motor-kia-100000956.html

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Yahoo Finance 1y ago

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