Samsung SDI signs first EV battery supply deal with Mercedes-Benz
Science and Tech
Samsung SDI signs first EV battery supply deal with Mercedes-Benz
by DZRH News20 April 2026
Mercedes-Benz AMG cars queue on a production line of "Factory 56", one of the world's most modern electric and conventional car assembly halls of German carmaker Mercedes-Benz, in Sindelfingen near Stuttgart, Germany, March 4, 2024. REUTERS/Wolfgang Rattay
SEOUL, April 20 (Reuters) - South Korean battery maker Samsung SDI said on Monday it has signed a multi-year agreement with Mercedes-Benz to supply batteries for electric vehicles, marking its first EV battery supply deal with the automaker.
The batteries will feature high-nickel NCM (nickel, cobalt, and manganese) chemistry, powering Mercedes-Benz's next generation EVs, Samsung SDI said in a statement.
Mercedes-Benz planned to use the batteries in future compact and mid-size electric SUVs and coupe models, the statement said.
Samsung SDI did not disclose the size of the deal.
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(Reporting by Heekyong Yang, Editing by Ed Davies)
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