LG Energy Solution Shares Rally After Mercedes-Benz Deal

Dow Jones

12/08

By Kwanwoo Jun

LG Energy Solution's shares rallied, following a billion-dollar electric-vehicle battery deal with Mercedes-Benz Group.

The South Korean EV battery maker's stock was recently 5.3% higher at 448,500 won, equivalent to $304.31, after climbing nearly 7% in Seoul trading early Monday. The stock is on course for its sharpest daily gain in more than a month.

The benchmark Kospi was last up 0.3%.

Earlier in the day, LG Energy said it secured a $1.4 billion contract to supply the German auto giant with EV batteries in Europe and North America from March 2028 to June 2035. The value of the contract represents about 8% of the South Korean battery maker's annual revenue in 2024.

The latest contract adds to recent EV battery deals between both companies. In September, LG Energy said that it would supply Mercedes-Benz with a combined 107 gigawatt hours of EV batteries in the coming years--32GWh in Europe for 2028-2035 and 75GWh in the U.S. for 2029-2037. They didn't disclose the vale of the two contracts.

The luxury German automaker's deeper ties with the South Korean battery maker comes as Mercedes-Benz's EV sales are rising despite a decline in its overall car sales.

Mercedes-Benz's third quarter overall car sales fell 12% from a year earlier, with sales in the U.S. and China dropping 17% and 27%, respectively. Its EV sales rose 9% during the same period, buoyed by the launch of its electric CLA model and improved availability of electric vans.

Write to Kwanwoo Jun at kwanwoo.jun@wsj.com

(END) Dow Jones Newswires

December 07, 2025 23:17 ET (04:17 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求，你需要登录查看该内容

登录 / 注册

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2589385707"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2589385707\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2589385707?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-08 12:17","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2589385707","market":"other","top_or_hot":-1,"title":"LG Energy Solution Shares Rally After Mercedes-Benz Deal","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Kwanwoo Jun \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  LG Energy Solution's shares rallied, following a billion-dollar electric-vehicle battery deal with Mercedes-Benz Group. \n</p>\n<p>\n  The South Korean EV battery maker's stock was recently 5.3% higher at 448,500 won, equivalent to $304.31, after climbing nearly 7% in Seoul trading early Monday. The stock is on course for its sharpest daily gain in more than a month. \n</p>\n<p>\n  The benchmark Kospi was last up 0.3%. \n</p>\n<p>\n  Earlier in the day, LG Energy said it secured a $1.4 billion contract to supply the German auto giant with EV batteries in Europe and North America from March 2028 to June 2035. The value of the contract represents about 8% of the South Korean battery maker's annual revenue in 2024. \n</p>\n<p>\n  The latest contract adds to recent EV battery deals between both companies. In September, LG Energy said that it would supply Mercedes-Benz with a combined 107 gigawatt hours of EV batteries in the coming years--32GWh in Europe for 2028-2035 and 75GWh in the U.S. for 2029-2037. They didn't disclose the vale of the two contracts. \n</p>\n<p>\n  The luxury German automaker's deeper ties with the South Korean battery maker comes as Mercedes-Benz's EV sales are rising despite a decline in its overall car sales. \n</p>\n<p>\n  Mercedes-Benz's third quarter overall car sales fell 12% from a year earlier, with sales in the U.S. and China dropping 17% and 27%, respectively. Its EV sales rose 9% during the same period, buoyed by the launch of its electric CLA model and improved availability of electric vans. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Kwanwoo Jun at kwanwoo.jun@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 07, 2025 23:17 ET (04:17 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LG Energy Solution Shares Rally After Mercedes-Benz Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLG Energy Solution Shares Rally After Mercedes-Benz Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-12-08 12:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Kwanwoo Jun \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  LG Energy Solution's shares rallied, following a billion-dollar electric-vehicle battery deal with Mercedes-Benz Group. \n</p>\n<p>\n  The South Korean EV battery maker's stock was recently 5.3% higher at 448,500 won, equivalent to $304.31, after climbing nearly 7% in Seoul trading early Monday. The stock is on course for its sharpest daily gain in more than a month. \n</p>\n<p>\n  The benchmark Kospi was last up 0.3%. \n</p>\n<p>\n  Earlier in the day, LG Energy said it secured a $1.4 billion contract to supply the German auto giant with EV batteries in Europe and North America from March 2028 to June 2035. The value of the contract represents about 8% of the South Korean battery maker's annual revenue in 2024. \n</p>\n<p>\n  The latest contract adds to recent EV battery deals between both companies. In September, LG Energy said that it would supply Mercedes-Benz with a combined 107 gigawatt hours of EV batteries in the coming years--32GWh in Europe for 2028-2035 and 75GWh in the U.S. for 2029-2037. They didn't disclose the vale of the two contracts. \n</p>\n<p>\n  The luxury German automaker's deeper ties with the South Korean battery maker comes as Mercedes-Benz's EV sales are rising despite a decline in its overall car sales. \n</p>\n<p>\n  Mercedes-Benz's third quarter overall car sales fell 12% from a year earlier, with sales in the U.S. and China dropping 17% and 27%, respectively. Its EV sales rose 9% during the same period, buoyed by the launch of its electric CLA model and improved availability of electric vans. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Kwanwoo Jun at kwanwoo.jun@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 07, 2025 23:17 ET (04:17 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MBGYY","symbol_name":"Mercedes Benz Group AG","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2589385707","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2589385707","pubTimestamp":1765167420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"LG Energy Solution's shares rallied, following a billion-dollar electric-vehicle battery deal with Mercedes-Benz Group.The South Korean EV battery maker's stock was recently 5.3% higher at 448,500 won, equivalent to $304.31, after climbing nearly 7% in Seoul trading early Monday. The stock is on course for its sharpest daily gain in more than a month.The latest contract adds to recent EV battery deals between both companies. In September, LG Energy said that it would supply Mercedes-Benz with a combined 107 gigawatt hours of EV batteries in the coming years--32GWh in Europe for 2028-2035 and 75GWh in the U.S. for 2029-2037. They didn't disclose the vale of the two contracts.The luxury German automaker's deeper ties with the South Korean battery maker comes as Mercedes-Benz's EV sales are rising despite a decline in its overall car sales.Mercedes-Benz's third quarter overall car sales fell 12% from a year earlier, with sales in the U.S. and China dropping 17% and 27%, respectively. Its ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MBGYY":"Mercedes Benz Group AG","BK4099":"汽车制造商"},"translate_title":"梅赛德斯-奔驰交易后LG Energy Solution股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MBGYY":0.9},"content_text":"By Kwanwoo Jun \n\n\n \n\n\n  LG Energy Solution's shares rallied, following a billion-dollar electric-vehicle battery deal with Mercedes-Benz Group. \n\n\n  The South Korean EV battery maker's stock was recently 5.3% higher at 448,500 won, equivalent to $304.31, after climbing nearly 7% in Seoul trading early Monday. The stock is on course for its sharpest daily gain in more than a month. \n\n\n  The benchmark Kospi was last up 0.3%. \n\n\n  Earlier in the day, LG Energy said it secured a $1.4 billion contract to supply the German auto giant with EV batteries in Europe and North America from March 2028 to June 2035. The value of the contract represents about 8% of the South Korean battery maker's annual revenue in 2024. \n\n\n  The latest contract adds to recent EV battery deals between both companies. In September, LG Energy said that it would supply Mercedes-Benz with a combined 107 gigawatt hours of EV batteries in the coming years--32GWh in Europe for 2028-2035 and 75GWh in the U.S. for 2029-2037. They didn't disclose the vale of the two contracts. \n\n\n  The luxury German automaker's deeper ties with the South Korean battery maker comes as Mercedes-Benz's EV sales are rising despite a decline in its overall car sales. \n\n\n  Mercedes-Benz's third quarter overall car sales fell 12% from a year earlier, with sales in the U.S. and China dropping 17% and 27%, respectively. Its EV sales rose 9% during the same period, buoyed by the launch of its electric CLA model and improved availability of electric vans. \n\n\n \n\n\n  Write to Kwanwoo Jun at kwanwoo.jun@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 07, 2025 23:17 ET (04:17 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}