Mercedes returns to Korean LG as European battery ambitions stall
European battery production faces increasingly slimmer chances as Mercdes is turning East for its new battery deal. /Mercedes
Mercedes has inked a significant new supply deal with South Korea’s LG Energy Solutions. On paper, the agreement appears to be a routine procurement for the carmaker’s next wave of electric models. But in practice, it exposes the deepening malaise within Europe’s battery ambitions, as one of t

