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LG Energy SolutionKorea Joongang Daily
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82% Informative
LG Energy will supply Mercedes with 50.5 gigawatt-hours of batteries starting Jan. 1, 2028 .
That's equivalent to producing batteries needed for around 700,000 EVs.
The size of the deal is expected to be in the trillions of won, though details have not been decided.
LG Energy reported 448.3 billion won ( $332 million ) in operating profit in July -to- September .
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