SEOUL, April 25 (Reuters) - South Korean battery firm LG

Energy Solution (LGES) posted on Thursday a 75% drop

in quarterly profit, hit by weakening demand from electric

vehicle (EV) sales.

The company, which supplies Tesla, General Motors ( GM )

and Volkswagen among other automakers,

reported an operating profit of 157 billion won ($114.14

million) for the January-March period, versus a 633 billion won

profit a year earlier.

The company would have made a 32 billion won operating loss

without a tax credit it received under the U.S. Inflation

Reduction Act, LGES said in a regulatory filing.

($1 = 1,375.4800 won)