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Global Expansion

LG Energy Solution Signs KRW 2 Trillion Battery Deal with Mercedes-Benz

Dong-A Ilbo | Updated 2025.12.08
 
LG Energy Solution announced on the 8th that it has signed a contract with Mercedes-Benz AG to supply electric vehicle batteries worth KRW 2.0601 trillion.

This amount corresponds to 8% of the total sales of KRW 25.6196 trillion.

The supply regions are Europe and North America, and the contract period is from March 1, 2028, to June 30, 2035.

LG Energy Solution stated, “The contract amount and duration are subject to change in consultation with the customer.”

Kim Hyeong-min

AI-translated with ChatGPT. Provided as is; original Korean text prevails.
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