LG Energy Solution signs $1.39 billion battery supply deal with Mercedes-Benz
The contract, spanning March 2028 to June 2035, targets North American and European markets
LG Energy Solution (LGES), a South Korean battery cell manufacturer, has announced a significant battery supply agreement with Mercedes-Benz AG valued at 2.06 trillion won (approximately $1.39 billion).
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
