Executives of “One LG Solution” meet with CEO of Mercedes-Benz to deepen their collaboration LG Mercedes-Benz. The collaboration aims to merge LG Group's experience in automotive components with Mercedes-Benz's vision to create software-defined vehicles with new standards of quality and sustainability. The meeting took place at the LG Twin Towers in Yeouido, Seul, during the visit of Ola Källenius, Chairman of the Board of Management and CEO of Mercedes-Benz Group AG. This strategy seeks to integrate the combined expertise of the four companies, which lead the automotive components business of the tech group. Key figures participated, including the CEOs of LG Electronics, LG Display, LG Energy Solution, and LG Innotek, along with the CEO of Mercedes-Benz Korea and other senior executives. The discussions focused on how to strengthen cooperation to support Mercedes-Benz's vision for the future of mobility. An example is the OLED-based IVI system developed for the Mercedes-Benz EQS, which includes a panoramic curved screen spanning the entire dashboard. LG Display has supplied advanced Plastic OLED (P-OLED) panels to Mercedes-Benz since 2020. Key areas of technological cooperation include: Software-Defined Vehicles (SDVs): LG Electronics and Mercedes-Benz have collaborated on key systems such as in-vehicle infotainment (IVI) and advanced driver-assistance systems. These panels, made on flexible plastic substrates, offer exceptional image quality and are fundamental to the next-generation MBUX Hyperscreen infotainment system, enabling curved and elegant designs. Batteries and Electrification: LG Energy Solution continues its alliance in the area of batteries for electric vehicles. Autonomous Driving: LG Innotek is in talks to expand cooperation in sensor technologies essential for autonomous driving, including in-vehicle camera modules, LiDAR, and radar. Ola Källenius, CEO of Mercedes-Benz AG, stated that "strategic alliances and collaboration are the driving force behind the next generation of our vehicles," highlighting that both companies share a vision based on innovation, quality, and sustainability. In turn, William Cho, CEO of LG Electronics, noted that they will continue to "consolidate our strategic alliance with Mercedes-Benz by leveraging our key competencies in the vehicle components business — from our user experience-centric value proposition to our integrated portfolio of SDV solutions."
LG and Mercedes-Benz Analyze Expansion of Their Collaboration with Focus on Future Mobility
Executives from LG and Mercedes-Benz met in Seoul to deepen collaboration on software-defined vehicles, batteries, and autonomous driving. The companies aim to create new standards of quality and sustainability in the automotive industry.