SES Ivanhoe SPAC, page-397

I am delighted to be joining the SES success story,” said Mr. Friedland. “We are firmly aligned with many of the world’s leading auto manufacturers in our confidence that SES’s proprietary Li-Metal batteries will make SES the only next-generation battery technology company to succeed in commercializing its batteries by the middle of this decade. Deep vertical integration between miners producing ethically-sourced “green metals” and major electric auto makers is coming soon and will be of profound, long-term importance to all involved stakeholders.”