SES AI Corporation (SES) Q3 2024 Earnings Call Transcript

SES AI Corporation (NYSE:SES) Q3 2024 Earnings Conference Call October 31, 2024 5:00 PM ET

Company Participants

Kyle Pilkington – Chief Legal Officer
Qichao Hu – Chairman & Chief Executive Officer
Jing Nealis – CFO

Conference Call Participants

Shawn Severson – Water Tower Research
Winnie Dong – Deutsche Bank

Operator

Good afternoon. Thank you for attending today’s SES AI Third Quarter 2024 Earnings Release and Call. My name is Shana, and I’ll be your moderator for today. [Operator Instructions] I’d now like to turn the conference over to our host, Kyle Pilkington, Chief Legal Officer. Kyle, you may proceed.

Kyle Pilkington

Hello, everyone, and welcome to our conference call covering our third quarter 2024 results. Joining me today are Qichao Hu, Founder, Chairman and Chief Executive Officer; and Jing Nealis, Chief Financial Officer. We issued our shareholder letter after market closed today, which provides a business update as well as our financial results. You’ll find a press release with a link to our shareholder letter and today’s conference call webcast in the Investor Relations section of our website at ses.ai.

Before we get started, this is a reminder that the discussion today may contain forward-looking information or forward-looking statements within the meaning of applicable securities legislation. These statements are based on our predictions and expectations as of today. Such statements involve certain risks, assumptions and uncertainties, which may cause our actual or future results and performance to be materially different from those expressed or implied in these statements. The risks and uncertainties that could cause our results to differ materially from our current expectations include, but are not limited to, those detailed in our latest earnings release and in our SEC filings.

This afternoon, we will review our business as well as results for the quarter. With that, I’ll pass it over to