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LG Energy Solution announced the termination of a $6.09 billion battery supply agreement with Ford, following Ford's revised electric vehicle strategy. The deal, which involved 75 gigawatt-hours of battery supply over six years, accounted for about 28.5% of LG's recent annual revenue. Ford's decision comes amid a shift away from certain EV models and a focus on hybrid and internal combustion vehicles, influenced by changes in policy and market demand.