Electric vehicle (EV) manufacturers are shifting into high gear, and Mercedes is taking a significant step forward in its sustainable mobility plans. In a major coup, the German luxury automaker has inked a deal with Samsung SDI, a leading South Korean battery manufacturer, to supply EV batteries for their upcoming models. This partnership marks the first time Samsung SDI has entered into a direct supply agreement with a European automaker, underscoring the growing importance of the EV market in the region. As the global push towards electrification continues to gain momentum, this deal is set to have far-reaching implications for the industry and its stakeholders.
Mercedes and Samsung SDI sign first EV battery supply deal Yahoo Finance
