DeFi Daily News
Sunday, April 12, 2026
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi Metaverse

rewrite this title Mercedes Opts for Korean Manufacturer for Massive Battery Order

MetaversePlanet by MetaversePlanet
September 4, 2025
in Metaverse
0 0
0
rewrite this title Mercedes Opts for Korean Manufacturer for Massive Battery Order
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

According to the Korean press, Mercedes has chosen LG Energy Solution (LGES) for a massive battery order totaling 107 GWh, following intense competition with Chinese rivals like CATL and Farasis.

A new battery agreement has been signed between Mercedes-Benz and LG Energy Solution (LGES). Some of the batteries will be supplied to the U.S. and some to Europe. Although not officially confirmed, the cells to be delivered are likely to be 46-series cylindrical batteries.

Details of the Agreement

According to official documents released by LGES, the agreement is divided into two parts. 75 GWh of batteries will be supplied to the U.S. between July 2029 and December 2037, while 32 GWh will be supplied to Europe between August 2028 and December 2035.

The monetary value of the total 107 GWh order was not disclosed. However, South Korean media estimates the deal is worth around 15 trillion won, or about 9.3 billion euros. This calculation is based on the current prices of 46-series cylindrical cells.

LGES currently produces this battery format in South Korea and is preparing to open a new factory in Arizona, USA, in 2026. Tesla and Rivian are also expected to source from this factory.

Mercedes-Benz has also shown interest in cylindrical cells. The Concept AMG GT XX model, based on the brand’s new AMG.EA platform, uses these batteries. In contrast, it was announced that prismatic cells would be used for the CLA’s MMA platform and the GLC and new C-Class’s MB.EA-M platforms. For the large vehicle MB.EA-L platform, it is stated that batteries will not require a module level, making cylindrical cells a viable option.

According to the Korea Economic Daily, the new batteries for Mercedes-Benz will be manufactured at the LGES factory in Arizona. If the cell format is confirmed, this order will be the “largest single order for LG Energy’s 46-series cylindrical cells.”

The cooperation between the two companies has been strengthening rapidly. In October 2024, LGES signed a 50.5 GWh contract with Mercedes-Benz. At that time, details were limited, but the South Korean press wrote that the agreement also covered 46-series cells and that deliveries would begin in 2028. With the new contract, the total volume between the two companies will exceed 150 GWh.

You Might Also Like;

Follow us on TWITTER (X) and be instantly informed about the latest developments…

Copy URL
URL Copied

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: BatteryKoreanManufacturerMASSIVEMercedesOptsorderrewritetitle
ShareTweetShare
Previous Post

rewrite this title CFTC’s Kristin Johnson Exits With Warning on Prediction Markets – Decrypt

Next Post

rewrite this title Djed Spence not burdened by thought of becoming first Muslim to play for England

Next Post
rewrite this title Djed Spence not burdened by thought of becoming first Muslim to play for England

rewrite this title Djed Spence not burdened by thought of becoming first Muslim to play for England

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title Google Unveils Flow: An All-in-One AI Video Editing Tool That Can Do It All!

rewrite this title Google Unveils Flow: An All-in-One AI Video Editing Tool That Can Do It All!

May 21, 2025
rewrite this title How to Get Top Solana Token Holders – Moralis APIs

rewrite this title How to Get Top Solana Token Holders – Moralis APIs

May 14, 2025
rewrite this title and make it good for SEO Hyperliquid Deep Dive: Understand HYPE and HLP Model

rewrite this title and make it good for SEO Hyperliquid Deep Dive: Understand HYPE and HLP Model

April 3, 2025
rewrite this title 10 Tools That Will Give Crypto Traders A Predictive Edge In 2026

rewrite this title 10 Tools That Will Give Crypto Traders A Predictive Edge In 2026

December 14, 2025
Vance, Trump’s VP Choice, Advocates for Stringent China Policy: Analyst Insights – Reuters

Vance, Trump’s VP Choice, Advocates for Stringent China Policy: Analyst Insights – Reuters

July 16, 2024
Finovate announces partnership between InvoiceASAP and Adyen to provide instant payouts

Finovate announces partnership between InvoiceASAP and Adyen to provide instant payouts

August 22, 2024
A New Way to Get Internet Takes to the Skies

A New Way to Get Internet Takes to the Skies

April 12, 2026
rewrite this title and make it good for SEOIran: Not Close To Over Yet

rewrite this title and make it good for SEOIran: Not Close To Over Yet

April 12, 2026
rewrite this title Bitcoin Stalls Near K as US-Iran Talks Collapse, Markets Hold Their Breath

rewrite this title Bitcoin Stalls Near $73K as US-Iran Talks Collapse, Markets Hold Their Breath

April 12, 2026
rewrite this title AbbVie ovarian cancer drug shows 62.7% response rate in trial By Investing.com

rewrite this title AbbVie ovarian cancer drug shows 62.7% response rate in trial By Investing.com

April 12, 2026
rewrite this title with good SEO Philadelphia Musician G. Love Loses Nearly 6 BTC to Fake Ledger Wallet App on Apple’s App Store

rewrite this title with good SEO Philadelphia Musician G. Love Loses Nearly 6 BTC to Fake Ledger Wallet App on Apple’s App Store

April 12, 2026
rewrite this title Deadspin | Athletics finding reasons to celebrate while Mets looking for answers

rewrite this title Deadspin | Athletics finding reasons to celebrate while Mets looking for answers

April 12, 2026
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.