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Biden faces key test on EV battery trade dispute - Georgia Asian Times

Georgia Asian Times April 9, 2021 Washington DC, April 9, 2021 – President Joe Biden faces a Sunday deadline to decide whether to intervene in a trade dispute between two South Korean electric vehicle battery makers that could impact a Georgia factory and his push for more electric vehicles. The companies, LG Chem and rival SK Innovation Co, have spent months trying to take advantage of past and promised U.S. investments, and ties to politicians. The Biden Administration, through the U.S. Trade Representative’s office, is set to decide as early as Friday whether to take the rare step of reversing the U.S. International Trade Commission (ITC), unless the Korean battery companies reach a last-minute settlement.

Biden faces deadline in EV battery battle between LG Chem, SK Innovation

Biden faces deadline in EV battery battle between LG Chem, SK Innovation
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Biden faces key test in trade dispute between two South Korean electric vehicle battery-makers

WASHINGTON (REUTERS) - United States President Joe Biden faces a Sunday (April 11) deadline to decide whether to intervene in a trade dispute between two South Korean electric vehicle (EV) battery-makers that could impact a Georgia factory and his push for more electric vehicles. The companies, LG Chem and rival SK Innovation, have spent months trying to take advantage of past and promised US investments and ties to politicians. The Biden administration, through the US Trade Representative s Office, is set to decide as early as Friday whether to take the rare step of reversing the US International Trade Commission (ITC), unless the Korean battery companies reach a last-minute settlement.

Ford Motor Company (NYSE:F), Fiat Chrysler S p A (NYSE:FCAU) - Updates In The EV Industry: 4/9/2021

Share: President Biden is pushing hard to get more Americans to buy EVs in order to combat global warming and encourage domestic manufacturing with a $2 trillion infrastructure plan he is trying to sell to Congress that includes about $174 billion to boost EV sales and production, which is more than the president proposes spending on roads and bridges. The EV market is developing full speed ahead across the globe, with Europe and China being already ahead of the US in the race towards an all-electric future. Peugeot Is Coming After Volkswagen And Tesla As Stellantis NV (NYSE: STLA) came to life as

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