What specific battery technology and vehicle models will Samsung SDI supply to Mercedes-Benz under their new contract?

Samsung SDI will supply high-nickel nickel-cobalt-manganese (NCM) batteries for Mercedes-Benz’s next-generation compact and midsize electric SUVs and coupes, as stated in the news body.

How has LG Energy Solution’s partnership with Mercedes-Benz evolved, and what milestone did it achieve with lithium iron phosphate (LFP) batteries?

LG Energy Solution deepened its expanding partnership with Mercedes-Benz after the automaker unveiled a fully electric C-Class in Seoul; LG became the first South Korean manufacturer to supply lithium iron phosphate (LFP) batteries to a major German carmaker, enabling its presence across Mercedes’ premium, mid-tier, and entry-level EV segments.

South Korean Battery Stocks Rally on Mercedes-Benz Partnership

Apr 20, 2026

Samsung SDI and LG Energy Solution shares surged after securing major battery supply contracts with Mercedes-Benz, valued at over $8 billion combined, boosting the sector amid global EV demand challenges.

bloomberg

2026-04-20

South Korean Battery Stocks Rally on Mercedes-Benz Partnership

South Korean Battery Stocks Rally on Mercedes-Benz Partnership

FAQ