Why EV Battery Maker SES Decided to Go Public via SPAC

Why EV Battery Maker SES Decided to Go Public via SPAC

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Interactive Video

Business, Engineering, Chemistry, Science, Architecture

University

Hard

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The video discusses the strategic timing for entering public markets due to the global shift towards electric vehicles (EVs). It highlights the company's partnerships with major car manufacturers and the allocation of capital to expand production facilities and talent acquisition. The choice of a SPAC and partnership with Ivanhoe is explained, emphasizing the strategic fit due to Ivanhoe's role in supplying essential raw materials. The video also covers the innovation of lithium metal batteries, which offer advantages over traditional lithium-ion batteries. Finally, it addresses the challenges of inflation and supply chain volatility, with strategies to manage costs and maintain competitiveness.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What partnerships does the company have with car manufacturers, and how do they contribute to its strategy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the company face regarding supply chain and raw material costs?

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