Mar.15.2021: LG lobbies U.S. lawmaker to undermine SK

K-News Bulletin

English - March 15, 2021 01:00 - 3 minutes - 2.71 MB
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Any hope of LG Energy Solution and SK Innovation reaching a settlement that allows both companies to continue operating in the U.S. electric vehicle (EV) battery market seems to be fading fast, as LG looks to firmly shut the door on its long-term rival.

The wholly owned subsidiary of LG Chem sent a letter to U.S. Senator Raphael Warnock earlier this month, suggesting that it would build its own battery plant in Georgia.

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Full Article: https://koreajoongangdaily.joins.com/2021/03/14/business/industry/battery-dispute-lg-energy-solution-sk-innovation/20210314163200416.html