Mercedes-Benz has signed a multi-year electric vehicle battery supply agreement with Samsung SDI, marking the battery maker’s first supplier deal with the German automaker.
Under the partnership, Samsung SDI will provide high-energy nickel manganese cobalt batteries for Mercedes-Benz’s future electric vehicles. The two companies also plan to expand cooperation into next-generation battery technology.
The signing ceremony in South Korea was attended by Samsung SDI president and chief executive Joo Sun Choi, Mercedes-Benz Group chairman Ola Källenius, chief technology officer Jörg Burzer, and other company officials.
Mercedes-Benz plans to use the high-nickel NCM batteries in future compact and mid-size electric SUVs and coupe models as part of its next-generation EV strategy.
The automaker also unveiled the all-new electric C-Class in Seoul on April 20. Production will begin at the Mercedes-Benz Kecskemét plant in Hungary during the second quarter of 2026, with North America deliveries expected in early 2027.
Mercedes-Benz has said it is pursuing the largest product and technology campaign in its history. The company plans to invest more than €10bn, or around $11.8bn, in new technology initiatives this year.
Over the medium term, Mercedes-Benz is targeting annual sales of around 2m vehicles, with electrified vehicles accounting for roughly 40% of total sales.
Samsung SDI began production of larger 46-series cylindrical batteries in March 2025. The company said these cells offer around six times the energy capacity of the previous 21700 format.
