South Korean battery maker Samsung SDI is making a major move into the global electric vehicle (EV) market, securing its first major deal with German luxury car giant Mercedes-Benz. The deal, announced in a recent statement, marks a significant milestone for Samsung SDI as it seeks to expand its presence in the rapidly growing EV industry. With Mercedes-Benz, one of the world's leading automakers, on board, Samsung SDI is poised to supply batteries for a range of Mercedes-Benz electric vehicles, further solidifying its position as a key player in the global EV battery market. The partnership is expected to play a crucial role in driving the adoption of EVs globally, with both companies aiming to accelerate the transition to sustainable transportation.
Samsung SDI signs first EV battery deal with Mercedes Just Auto