LG Power Option (KRX: 373220) introduced it authorized supply contracts with Ford Electric motor Business (” Ford”) to power the energized designs of Ford business vans in Europe. – – Under the agreements, LG Power Option is anticipated to provide a total amount of 109 GWh of batteries to Ford for its electrical business vans, beginning in 2026 with agreement period varying from 4 to 6 years. – – Both firms likewise concurred that batteries for the existing Ford Mustang Mach-E will certainly be generated at LG E.
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