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Top News In தலைமை நிர்வாகி அதிகாரி ஜிம் ஃபார்லீ Today - Breaking & Trending Today

LG, SK Agree on $1.8 Billion Settlement to End Battery Spat

LG, SK Reach $1.8 Billion Settlement to End EV Battery Spat
Bloomberg
5 days ago
Gabrielle Coppola, Susan Decker and Christoph Rauwald
© Photographer: Krisztian Bocsi/Bloomberg
An employee secures battery pack cable on a Volkswagen e-Golf electric automobile.
(Bloomberg) Two South Korean electric-vehicle battery makers reached a last-minute settlement in a bitter U.S. trade dispute, sparing President Joe Biden from choosing between undermining intellectual property rights or dealing a politically toxic blow to his climate agenda.
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SK Innovation Co. agreed to pay 2 trillion won ($1.8 billion) to LG Energy Solution, a unit of LG Chem Ltd., according to a statement from the two companies. The payment is divided equally in cash and royalties, they said. ....

United States , South Korea , South Korean , Brian Kemp , Miryam Lipper , Jim Farley , Joe Biden , Jon Ossoff , Krisztian Bocsi Bloomberg , Raphael Warnock , Katherine Tai , Jonathan Jennings , Sk Innovation Co , Lg Energy Solution , Ford Motor Co , Senate Finance Committee On , Major League Baseball , Us International Trade Commission , Lg Chem Ltd , Lg Energy , Us International , Motors Co , President Joe Biden , Ford Motor , Trade Commission , Chief Executive Officer Jim Farley ,

LG, SK Reach $1.8 Billion Settlement to End EV Battery Spat

(Bloomberg) Two South Korean electric-vehicle battery makers reached a last-minute settlement in a bitter U.S. trade dispute, sparing President Joe Biden from choosing between undermining intellectual property rights or dealing a politically toxic blow to his climate agenda. SK Innovation Co. agreed to pay 2 trillion won ($1.8 billion) to LG Energy Solution, a unit of LG Chem Ltd., according to a statement from the two companies. The payment. ....

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LG And SK Settlement Spares Biden From Tough EV Battery Ban Call

Apr 13 2021, 6:10 AM
April 10 2021, 9:53 PM
April 13 2021, 6:10 AM
(Bloomberg) Two South Korean electric-vehicle battery makers reached a last-minute settlement in a bitter U.S. trade dispute, sparing President Joe Biden from choosing between undermining intellectual property rights or dealing a politically toxic blow to his climate agenda.
(Bloomberg) Two South Korean electric-vehicle battery makers reached a last-minute settlement in a bitter U.S. trade dispute, sparing President Joe Biden from choosing between undermining intellectual property rights or dealing a politically toxic blow to his climate agenda.
SK Innovation Co. agreed to pay 2 trillion won ($1.8 billion) to LG Energy Solution, a unit of LG Chem Ltd., according to a statement from the two companies. The payment is divided equally in cash and royalties, they said. ....

United States , South Korea , South Korean , Brian Kemp , Miryam Lipper , Jim Farley , Joe Biden , Jon Ossoff , Raphael Warnock , Katherine Tai , Jonathan Jennings , Sk Innovation Co , Lg Energy Solution , Ford Motor Co , Senate Finance Committee On , Major League Baseball , Us International Trade Commission , Lg Chem Ltd , Lg Energy , Us International , Motors Co , President Joe Biden , Ford Motor , Trade Commission , Chief Executive Officer Jim Farley , Representative Katherine Tai ,

Ford Becomes Tech Darling - Technology

Ford Motor Co. is curbing production of its F-150 pickup truck—the company's biggest moneymaker—due to a shortage of semiconductors, as the global supply constraints for computer chips permeates deeper into the car business. ....

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Ford Becomes an Unlikely Tech Darling

Ford Becomes an Unlikely Tech Darling
FILE PHOTO: Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany September 10, 2019. REUTERS/Wolfgang Rattay/File Photo
(REUTERS)
. Updated: 07 Feb 2021, 11:13 AM IST The Wall Street Journal
New Chief Executive Jim Farley wants to invest more aggressively in electric vehicles, but he still hasn’t fixed Ford’s combustion-engine business
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Ford is embracing digital technology, and talking about it loudly, in an effort to catch up with both Tesla and General Motors. The new approach is boosting the stock, but rising expectations don’t come for free. ....

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