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LG New Energy Secures Mercedes-Benz Battery Order

Autohome 2025-09-03 15:07:55

According to a report by Reuters, a company document dated September 3 shows that South Korean battery manufacturer LG Energy Solution has secured an order to supply electric vehicle batteries to Mercedes-Benz. LG Energy Solution stated that by the end of 2035, it will supply 32GWh of batteries to the German automaker, but has not yet disclosed the value of the contract.

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Image source: LG Energy Solution

In a separately submitted document, LG Energy Solution stated that it has signed another contract with a subsidiary of Mercedes-Benz, agreeing to sell a cumulative total of 75 GWh of batteries by the end of 2037.

A spokesperson for LG Energy stated in a phone call that more details of the aforementioned transaction cannot be disclosed to the public at this time.

In October 2024, LG Energy Solution announced that it had received a battery supply order from Mercedes-Benz, with a supply volume of 50.5 GWh.

Currently, LG Energy Solution is building battery factories in the United States and Europe, with customers including Tesla, General Motors, and Mercedes-Benz. These factories will help these automakers establish new supply chains for electric vehicle production and reduce their dependence on China.

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