WASHINGON/SEOUL: South Korean battery makers LG Chem and SK Innovation are sparring over whether the U.S. International Trade Commission (ITC) should consider recent electric vehicle recalls in a trade secrets case.LG Chem, an EV battery supplier for Tesla and General Motors, filed its trade complaints against SK Innovation last year in the United States. Alleging trade secret theft, LG seeks to block SK from producing battery cells in the United States and from importing the components necessary to make them.SK has denied wrongdoing.Last month, SK asked the ITC to consider that “LG Chem batteries have been involved in a series of fires and explosions, raising substantial public interest concerns.”In the request, SK said General Motors Co and Hyundai Motor Co had each issued recent recalls for EVs with LG Chem batteries. The recalls “raise questions of public safety and underscore the critical need for SK batteries in the United States,” the company said.It added the fires are “compelling grounds” not to impede SK’s ability to manufacture batteries at its U.S. plant. LG Chem in a response filed Wednesday said the filing was “untimely and irrelevant” and should not factor in the ITC review “because the electric vehicle recalls cited by… Read full this story
- New StoreDot battery promises electric vehicles that can fully recharge in five minutes
- VIETNAM BUSINESS NEWS JANUARY 21
- 100 Monumental Moments From TV History
LG Chem, SK Innovation spar over EV recalls in trade dispute have 234 words, post on auto.economictimes.indiatimes.com at December 4, 2020. This is cached page on IT Breaking News. If you want remove this page, please contact us.