In a significant development for the electric mobility sector, Samsung SDI has officially partnered with Mercedes-Benz, marking a major milestone as Samsung SDI signs its first EV battery supply deal with the global automaker.
Deal Overview and Timeline
Announced on April 20, 2026, the multi-year agreement outlines Samsung SDI’s role in supplying advanced batteries for Mercedes-Benz’s upcoming electric vehicle lineup. While the company has not disclosed the exact deal size, industry estimates suggest it could be worth nearly $6.7 billion (around 10 trillion won). Production support is expected to align with vehicle launches beginning in 2028. This development reinforces how Samsung SDI signed its first EV battery supply deal to expand its global footprint.
Advanced Battery Technology
The agreement focuses on high-nickel NCM (nickel, cobalt, manganese) prismatic batteries. These cells are engineered to deliver higher energy density, longer driving range, and improved safety standards. The batteries will power next-generation compact and mid-size electric SUVs and coupe models from Mercedes-Benz, showcasing how Samsung SDI signs its first EV battery supply deal with cutting-edge innovation.
Strategic Importance for Both Companies
For Mercedes-Benz, this collaboration strengthens its supplier diversification strategy, reducing reliance on existing partners like LG Energy Solution and SK On. Meanwhile, Samsung SDI gains a crucial entry into one of the world’s most premium automotive brands, reinforcing how Samsung SDI signs its first EV battery supply deal to elevate its industry position.
Expansion Plans in Europe
To support the partnership, both companies are exploring the possibility of establishing battery production facilities in Europe. Potential locations under consideration include Austria, Slovakia, and the Czech Republic, aimed at ensuring efficient supply for future EV models.
Leadership and Future Collaboration
The agreement was formalized at a signing ceremony in Seoul, attended by key leaders including Samsung SDI CEO Choi Joo-sun and Mercedes-Benz Chairman Ola Källenius. Beyond supply, the partnership also opens doors for joint development in next-generation battery and mobility technologies.
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