Saturday, April 10, 2021

Korean battery makers agree to last-minute deal in boost to Biden's EV policy

SK Innovation agreed to settle with its Seoul-based rival LG Energy, a unit of LG Chem Ltd., to avert a 10-year import ban of its batteries into the U.S. Details of the settlement haven’t been disclosed but an announcement was expected by Sunday.



from Section Page News - Automotive News https://ift.tt/3e81epd

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