SAMSUNG SDI Signs First EV Battery Supply Deal with Mercedes-Benz

Published: Apr 20, 2026 00:00

Save

Samsung SDI has entered into a multi-year agreement with Mercedes-Benz to supply high-nickel NCM batteries for the automaker’s next-generation electric vehicles. This marks the first time Samsung SDI has provided automotive power batteries to Mercedes-Benz. The two companies held a signing ceremony in Seoul. Under the agreement, the supplied batteries will feature high energy density, long range, long lifespan and high power, and will be equipped with Samsung SDI’s proprietary safety technologies. Mercedes-Benz plans to use these batteries in its future compact and mid-size all-electric SUVs and coupe models. In addition, the two companies will expand their strategic cooperation by jointly developing next-generation power battery technologies.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

20 mins ago

[SMM Analysis] Lopal Tech Plans to Take Stake in Australian Listed Company GL1 to Secure Supply from Manna Lithium Mine

20 mins ago

3 hours ago

[Lithium Battery: CATL Releases Third-Generation Shenxing Battery, Reaches 98% Charge In 6 Minutes And 27 Seconds]

On April 21, at the 2026 CATL Super Tech Day, CATL officially released its third-generation Shenxing Superfast Charging Battery, supporting ultra-high-rate charging equivalent to 10C and peaking at 15C. Specifically, charging from 10% to 35% takes just 1 minute, and from 10% to 98% takes only 6 minutes and 27 seconds; in an extremely cold environment of -30°C, charging from 20% to 98% also takes only 9 minutes, comprehensively surpassing the flash charging technology previously released by BYD on March 5, which achieved charging from 10% to 97% in 9 minutes. More notably, the Shenxing battery does not exclusively possess this charging speed; the Kirin battery and Xiaoyao battery will also be fully equipped with this performance as standard in the future.

3 hours ago

[Lithium Battery: Zijin Mining's Q1 2026 Net Profit Up Over 100% YoY]

On April 21, Zijin Mining Group Co., Ltd. released its first quarter report for 2026. During the reporting period, the company achieved operating revenue of 98.498 billion yuan, a year-on-year increase of 24.79% compared to 78.928 billion yuan in the same period last year; total profit reached 31.584 billion yuan, a year-on-year increase of 115.03%; net profit was 25.166 billion yuan, a year-on-year increase of 101.90%. In the lithium segment, the company achieved lithium carbonate equivalent production of 16,000 tons. Several lithium mine projects are steadily ramping up capacity, and the northeastern project of the Manono Lithium Mine is expected to be completed and commence production in June 2026.

3 hours ago