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

WOBURN, Mass.--(BUSINESS WIRE)---- $SES #Bsamples--SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced that it signed an agreement to enter the next phase of its existing joint development agreement (“JDA”) with Hyundai Motor Company (‘’Hyundai Motor’’) and Kia Corporation (“Kia”) to start developing B samples. As part of the agreement, Hyundai Motor and Kia - SES AI will build a dedicated B-sample cell development