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Samsung SDI Signs Multi-Year EV Battery Supply Deal with Mercedes-Benz

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Business·20.04.2026AI özeti

Samsung SDI Signs Multi-Year EV Battery Supply Deal with Mercedes-Benz

Samsung SDI and Mercedes-Benz have signed a multi-year EV battery supply deal covering future compact and midsize models, with contract value expected to exceed €5.8bn. The Korean battery maker will provide high-performance batteries using high-nickel NCM materials for Mercedes' electric SUVs and coupe models. The companies also agreed to collaborate on next-generation battery technology development. Samsung SDI's share price rose 4.9% on Monday, while Mercedes-Benz shares fell over 2%.

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20.04.2026AI özeti

Samsung SDI Signs Multiyear EV Battery Supply Deal with Mercedes-Benz

Samsung SDI has signed a multiyear agreement to supply EV batteries for Mercedes-Benz's next-generation vehicles. The deal, the first between the companies, was signed in Seoul with both CEOs in attendance. Samsung SDI will provide high-performance NCM batteries with high energy density, longer driving range, extended lifespan and proprietary safety technologies for Mercedes-Benz's compact and midsize electric SUVs and coupe models.

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