SES Holdings plans to bring lithium-metal battery for EVs

2 min read | November 04, 2021 07:35 PM AEDT | By Priyanka Payal

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SES Holdings plans to bring lithium-metal battery for EVs — Image source: Pexels

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Highlights

SES Holdings Pte announces plan to manufacture a lithium-metal battery big enough to power a car.

This is seen as an attempt by the Company to have the edge over its rivals in commercialising the technology.

SES had earlier announced its plan for NYSE listing as part of a SPAC merger.

Singapore based startup SES Holdings Pte is all set to produce a lithium-metal battery big enough to power a car in what is seen as a boost to the range of electric vehicles. The Company backed by General Motors Co. is involved in the development and initial production of high-performance hybrid lithium-metal rechargeable batteries for electric vehicles (EVs). Earlier, the battery maker had announced its decision to go public by merging with Ivanhoe Capital Acquisition Corp in an agreement that values the combined entity at around $3.6 billion.

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In its efforts to commercialise technology, SES has showcased a lithium-metal battery cell with over100 amp hours, or units of charge. The average capacity of a lithium-ion battery cell in electric vehicles currently ranges from 50 to 120 amp-hours.

The Company has revealed that it is planning to deliver its vehicle-ready cells to General Motors, Hyundai Motor Co., among others, for road testing by this year-end. SES is also setting up a factory in Shanghai with a capacity to produce tens of thousands of the cells upon its completion in 2023.

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Bottom Line:

Noticeably, automakers and cell manufacturers worldwide are investing billions to pursue battery breakthroughs that could dramatically expedite EV adoption by providing better alternatives to the existing lithium-ion technology. The kind of Batteries with a lithium-metal anode, which SES is planning to manufacture, can potentially provide a technological leap by making thinner, higher energy-dense cells.

However, at this time, the major challenge which appears before the Company is the successful commercialisation of the recent offering.

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