SES AI Corporation announced on September 18, 2025, the completion of its acquisition of Shenzhen UZ Energy Co., Ltd., a leader in premium energy storage systems (ESS). This acquisition positions SES AI to become an active player in the global $300 billion ESS market.
UZ Energy brings established ESS hardware, an existing customer base across Australia, Europe, and Asia, and potential for expansion in North America. This integration combines UZ Energy’s hardware with SES AI’s software, offering customers a fully integrated solution and immediate commercialization scale.
CEO Qichao Hu stated that the acquisition accelerates SES AI's growth strategy by leveraging UZ's marketing team and hardware platform to expand market share, particularly in the United States. The combined entity will produce and sell ESS hardware and software solutions, deploying safe and long cycle life materials and precise health monitoring from Molecular Universe.
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