Jun. 22 at 5:17 PM
$SES All data from their web:This is true information:Here is a reason for stock being dumped by SK. SES initially promised 400Wh/kg, now down to 346Wh/kg for EV and 334 Wh/kg for UAM per their press release on their website. The other reason for dumping shares: 80% cycle life retention (goal is 1000 cycles at C/1 to compete with current lithium cells) is 250 for EV and 220 for UAM when charging at C/3. Not good. No improvement in cell cycle life or charge rates since 3 years ago. CEO indicated that they may be able to achieve a 20% improvement but gave no timeline (just theoretical improvement) with AI software searching for new materials to use in his cell design. 20% isn’t good enough. Lithium current cells expected to reach 330Wh/Kg with graphite-silicone anodes in 2025 (not theoretical. Already testing with 30% silicone 70% graphite). I think SES is done.
