Shares in South Korea's LGES drop more than 7% after Ford cancels EV battery deal

Core Viewpoint - Shares of LG Energy Solution fell by as much as 7.6% in morning trade following the announcement that Ford Motor had cancelled an electric vehicle battery supply deal [1] Company Summary - LG Energy Solution's stock experienced a significant decline of 7.6% in the morning session on Thursday [1] - The decline was triggered by the cancellation of a supply agreement for electric vehicle batteries with Ford Motor [1] Industry Summary - The cancellation of the battery supply deal highlights potential volatility in the electric vehicle supply chain [1] - This event may impact investor sentiment towards companies involved in the electric vehicle battery sector [1]