Quick Takeaways
- Banner Group battery supply contract secures a EUR 120 million agreement with a German automaker.
- The deal strengthens Banner Group’s position in OEM battery supply for electrified vehicles.
On January 12, Banner Group confirmed a three-year agreement with a leading German automotive manufacturer, securing a total contract value of EUR 120 million. The Banner Group battery supply contract reinforces the company’s role as a key supplier supporting multiple vehicle electrification technologies.
Banner Group battery supply contract spans multiple vehicle technologies
The Banner Group battery supply contract covers batteries designed for start-stop systems, plug-in hybrid vehicles, and fully electric vehicles. This broad scope highlights the growing demand for reliable automotive battery supply across different powertrain platforms as manufacturers expand electrification strategies.
The agreement includes battery solutions for:
Series production and spare parts supply included
Under the Banner Group battery supply contract, deliveries will support both series production vehicles and the original spare parts business. This ensures continuity of supply throughout the vehicle lifecycle, from factory assembly lines to aftersales service requirements.
By covering original spare parts batteries alongside production volumes, the contract strengthens long-term collaboration between Banner Group and the automotive manufacturer, while addressing aftermarket reliability and replacement demand.
Strategic importance for automotive battery supply
The Banner Group battery supply contract reflects increasing OEM focus on securing stable battery partnerships amid rising electrification volumes. The EUR 120 million agreement underlines confidence in Banner Group’s capability to deliver high-quality batteries at scale while meeting evolving technical and performance requirements.
With this contract, Banner Group further positions itself within the competitive automotive battery supply landscape, supporting manufacturers as they balance conventional, hybrid, and electric vehicle production over the coming years.
Banner Group battery supply contract spans multiple vehicle technologies
The Banner Group battery supply contract covers batteries designed for start-stop systems, plug-in hybrid vehicles, and fully electric vehicles. This broad scope highlights the growing demand for reliable automotive battery supply across different powertrain platforms as manufacturers expand electrification strategies.
The agreement includes battery solutions for:
- Start-stop applications improving fuel efficiency
- Plug-in hybrid batteries supporting dual-power operation
- Electric vehicle batteries tailored for zero-emission mobility
Series production and spare parts supply included
Under the Banner Group battery supply contract, deliveries will support both series production vehicles and the original spare parts business. This ensures continuity of supply throughout the vehicle lifecycle, from factory assembly lines to aftersales service requirements.
By covering original spare parts batteries alongside production volumes, the contract strengthens long-term collaboration between Banner Group and the automotive manufacturer, while addressing aftermarket reliability and replacement demand.
Strategic importance for automotive battery supply
The Banner Group battery supply contract reflects increasing OEM focus on securing stable battery partnerships amid rising electrification volumes. The EUR 120 million agreement underlines confidence in Banner Group’s capability to deliver high-quality batteries at scale while meeting evolving technical and performance requirements.
With this contract, Banner Group further positions itself within the competitive automotive battery supply landscape, supporting manufacturers as they balance conventional, hybrid, and electric vehicle production over the coming years.
Company Press Release
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