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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

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

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

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