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Samsung SDI partners with Mercedes-Benz for EV batteries
20 Apr
Summary
- Samsung SDI and Mercedes-Benz signed a multi-year EV battery supply agreement.
- Batteries will feature high-nickel NCM chemistry for future electric vehicles.
- The deal marks Samsung SDI's first EV battery supply partnership with Mercedes-Benz.
Samsung SDI has entered into a significant multi-year agreement with Mercedes-Benz, marking its first-ever electric vehicle battery supply deal with the prominent automaker.
This collaboration will see Samsung SDI provide batteries featuring high-nickel NCM (nickel, cobalt, and manganese) chemistry. These advanced power sources are intended for Mercedes-Benz's next generation of electric vehicles.
The batteries are planned for integration into future compact and mid-size electric SUVs and coupe models. The financial details of the multi-year contract were not disclosed by Samsung SDI.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
