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 readLast updated: January 20, 2026
Published by Global Banking & Finance Review®
Posted on December 8, 2025
1 min readLast updated: January 20, 2026
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.
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)
LG Energy Solution is a South Korean company specializing in the production of batteries for electric vehicles and energy storage systems.
Electric vehicle batteries are rechargeable batteries used to power electric vehicles, providing energy for propulsion and other electrical systems.
A regulatory filing is a formal submission of documents to a regulatory authority, often required for compliance with laws and regulations.
A $1.4 billion order signifies a substantial business agreement, indicating strong demand for products and a commitment to long-term supply relationships.
Explore more articles in the Finance category


