Overview

• LG Energy Solution disclosed two deals covering 32 GWh for Mercedes‑Benz and 75 GWh for a Mercedes affiliate.
• The Mercedes‑Benz contract runs from 2028 to 2035, and the affiliate agreement spans 2029 to 2037.
• The company said the contract price is not decided and that supply volume and other details could change following client talks.
• Industry reporting indicates the batteries are expected to be LG’s 46‑series cylindrical cells.
• The combined capacity equals roughly enough batteries for 1.5 million 70 kWh electric vehicles, according to market calculations.