Page 9 - Jun Kim News Today

On Sunday, the two South Korean battery makers, LG Energy Solution and SK Innovation Co. reached a settlement that will allow two plants in Georgia to move ...

2 South Korean firms reach US electric vehicle battery deal FILE - This Oct. 26, 2017 file photo shows the corporate logo of LG Electronics in Goyang, South Korea. (Source: AP Photo/Lee Jin-man, File) By Associated Press | April 11, 2021 at 8:09 AM CDT - Updated April 12 at 1:10 PM WASHINGTON (AP) — Two big South Korean electric vehicle battery makers said Sunday they have settled a long-running trade dispute that will allow one company to move ahead with plans to manufacture batteries...

The settlement will allow plants in Georgia to move forward with plans to produce batteries for Ford and Volkswagen.

WASHINGTON (AP) — Two big South Korean electric vehicle battery makers said Sunday they have settled a long-running trade dispute that will allow one company to move ahead with plans to...

Press release content from Business Wire. The AP news staff was not involved in its creation.

The companies pledged to work together to strengthen the EV battery supply chain in the U.S. and support the Biden administrations efforts to advance clean energy policies.

Two big South Korean electric vehicle battery makers said Sunday they have settled a long-running trade dispute that will allow one company to move ahead with plans to manufacture batteries in Georgia. U.S. President Joe Biden called it "a win for American workers and the American auto industry."

Two big South Korean electric vehicle battery makers said Sunday they have settled a long-running trade dispute that will allow one company to move ahead with plans to manufacture batteries in Georgia. President Joe Biden called it “a win for American workers and the American auto industry.” The agreement between LG Energy Solution and SK Innovation ended the need for Biden to intervene in a case closely watched for its implications on Biden’s clean-energy agenda, which includes a sharp i...

The two South Korean lithium-ion battery manufacturers officially announced the agreement to end the U.S. ITC trade secret dispute and end litigation.

The companies pledged to work together to strengthen the EV battery supply chain in the U.S.