Samsung SDI Signs EV Battery Deal with Mercedes-Benz

Samsung SDI, a leading South Korean battery manufacturer, announced a multiyear agreement on Monday to supply electric vehicle batteries to Mercedes-Benz, marking the first such deal between the two companies. The partnership, signed during a ceremony in Seoul, will provide high-performance batteries for Mercedes-Benz's upcoming compact and midsize electric SUVs and coupe models.

The batteries will utilize high-nickel nickel-cobalt-manganese chemistry, which company statements describe as delivering superior energy density, extended driving range, enhanced durability, and high power output. They also incorporate Samsung SDI's proprietary safety technologies. Mercedes-Benz plans to integrate these cells into its next-generation electric vehicle lineup, with production targeted for models launching around 2028.

The agreement extends beyond supply to include joint development of advanced battery technologies and future mobility solutions. Attendees at the Seoul signing included Samsung SDI President and CEO Choi Joosun, Mercedes-Benz Group Chairman Ola Kallenius, and Chief Technology Officer Jörg Burzer. "Mercedes-Benz is proud to strengthen collaboration in core technology areas...