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LG Energy Solution and SK Innovation to end all legal disputes over EV batteries in US and Korea

Green Car Congress

LG Energy Solution and SK Innovation have agreed to settle all legal disputes relating to EV batteries in the United States and Korea. The companies agreed to withdraw all pending legal disputes in United States and Korea, and agreed to a ten-year non-assertion. In this agreement, the two companies agreed to the following terms.

Legal 170
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The Tesla Cybertruck’s most formidable rival gets a bullish battery supply update

Teslarati

SK Innovation and LG Chem have been involved in a bitter legal dispute over LG’s accusation that SK had stolen its battery production secrets. US President Joe Biden has issued a statement on SK Innovation and LG Chem’s settlement, calling the agreement a “win for American workers and the American auto industry.”

Supplies 129