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The companies pledged to work together to strengthen the EV battery supply chain in the U.S. and support the Biden administration's 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 increase in the number of electric vehicles as part of his plan to address climate change. Biden had ...
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.