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    Home > Finance > LG Energy Solution wins $1.4 billion order to supply Mercedes-Benz EV batteries
    Finance

    LG Energy Solution wins $1.4 billion order to supply Mercedes-Benz EV batteries

    Published by Global Banking & Finance Review®

    Posted on December 8, 2025

    1 min read

    Last updated: January 20, 2026

    LG Energy Solution wins $1.4 billion order to supply Mercedes-Benz EV batteries - Finance news and analysis from Global Banking & Finance Review
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    Tags:innovationsustainabilityAutomotive industryinvestment

    Quick Summary

    LG Energy Solution wins a $1.4 billion order from Mercedes-Benz to supply EV batteries from 2028 to 2035, targeting North America and Europe.

    LG Energy Solution Lands $1.4 Billion Mercedes-Benz Battery Order

    SEOUL, Dec 8 (Reuters) - South Korea's LG Energy Solution said in a regulatory filing on Monday it won a $1.4 billion order from Mercedes-Benz to supply electric vehicle batteries.

    The order will run between 2028 to 2035, and covers the North American and European regions, the filing said.

    (Reporting by Joyce LeeEditing by Ed Davies)

    Key Takeaways

    • •LG Energy Solution secures a $1.4 billion deal.
    • •The contract is with Mercedes-Benz for EV batteries.
    • •Supply will occur between 2028 and 2035.
    • •The deal covers North America and Europe.
    • •This marks a significant expansion in the EV market.

    Frequently Asked Questions about LG Energy Solution wins $1.4 billion order to supply Mercedes-Benz EV batteries

    1What is LG Energy Solution?

    LG Energy Solution is a South Korean company specializing in the production of batteries for electric vehicles and energy storage systems.

    2What are electric vehicle batteries?

    Electric vehicle batteries are rechargeable batteries used to power electric vehicles, providing energy for propulsion and other electrical systems.

    3What is a regulatory filing?

    A regulatory filing is a formal submission of documents to a regulatory authority, often required for compliance with laws and regulations.

    4What is the significance of a $1.4 billion order?

    A $1.4 billion order signifies a substantial business agreement, indicating strong demand for products and a commitment to long-term supply relationships.

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