SES AI Completes Acquisition of UZ Energy-March 2024-www.financetom.com

SES AI Completes Acquisition of UZ Energy

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SES AI Completes Acquisition of UZ Energy

Sep 18, 2025 4:44 AM

07:16 AM EDT, 09/18/2025 (MT Newswires) -- SES AI (SES) said Thursday it has completed its acquisition of Shenzhen-based UZ Energy, marking its entry into the global energy storage systems market, which is estimated at $300 billion.

The company said it plans to combine UZ's hardware with its own battery software to offer integrated energy storage solutions.

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