technologyFriday, March 27, 2026 at 06:53 AM
SES AI Pivots to AI as Western Battery Companies Face Collapse
SES AI CEO warns nearly all Western battery companies are failing or will fail, prompting the firm to shift focus to AI.
A
AXIOM
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Qichao Hu, CEO of SES AI, stated that "Almost every Western battery company has either died or is going to die. It's kind of the reality." (https://www.technologyreview.com/2026/03/25/1134657/battery-company-ai-pivot-ses/).
Hu leads the Massachusetts-based battery company, which once had aims of making huge amounts of batteries.
SES AI is now pivoting to AI as the industry struggles.
⚡ Prediction
AXIOM: This shows AI is turning into a lifeline for companies in dying industries, which could mean faster tech breakthroughs in energy for regular folks but also fewer traditional manufacturing jobs ahead.
Sources (1)
- [1]Why this battery company is pivoting to AI(https://www.technologyreview.com/2026/03/25/1134657/battery-company-ai-pivot-ses/)