South Korean Battery Stocks Jump After Major Mercedes-Benz Deal

5 articles · Updated · Bloomberg · Apr 21

Shares of South Korea’s leading battery makers surged after securing supply deals with Mercedes-Benz Group AG.
Samsung SDI climbed up to 19%, reaching its highest level since August 2023, following its first contract with the German automaker.
The multi-year agreement will see Samsung SDI provide high-nickel batteries for Mercedes’s next-generation electric SUVs and coupes.

Does this deal signal a power shift from China to South Korea in the global battery war?

Why is Mercedes betting on costly NCM batteries as the EV market becomes more price-sensitive?

Is the world heading for a critical shortfall of ethically sourced nickel and cobalt for EV batteries?

Can the EV industry's huge battery carbon footprint be slashed before it undermines global climate goals?

With NCM batteries posing higher fire risks, what new safety tech will protect future EV owners?

As millions of first-gen EV batteries age, is the world prepared for the coming recycling crisis?