{"id":410219,"date":"2021-04-12T08:00:04","date_gmt":"2021-04-12T02:30:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=410219"},"modified":"2021-04-12T08:56:38","modified_gmt":"2021-04-12T03:26:38","slug":"s-korean-battery-makers-agree-1-8-bn-settlement-aiding-bidens-ev-push","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/s-korean-battery-makers-agree-1-8-bn-settlement-aiding-bidens-ev-push\/","title":{"rendered":"S Korean battery makers agree $1.8 bn settlement, aiding Biden&#8217;s EV push"},"content":{"rendered":"<p>WASHINGTON\/SEOUL (Reuters) &#8211; South Korean battery makers LG Energy Solution and SK Innovation Co agreed on Sunday to settle disputes over trade secrets dispute, avoiding a potential setback for U.S. electric-vehicle (EV) ambitions. <\/p>\n<p>The settlement by affiliates of two of South Korea&#8217;s biggest conglomerates comes hours before a Sunday deadline for the administration of President Joe Biden to decide whether to take the rare step of reversing a U.S. International Trade Commission decision (ITC).<\/p>\n<p>The core dispute had threatened the EV plans of Ford Motor Co and Volkswagen AG, as well as a Georgia plant that is key to the growing industry.<\/p>\n<p>The resolution is a win for Biden, who has made boosting EVs and U.S. battery production a top priority.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON\/SEOUL (Reuters) &#8211; South Korean battery makers LG Energy Solution and SK Innovation Co agreed on Sunday to settle disputes over trade secrets dispute, avoiding a potential setback for U.S. electric-vehicle (EV) ambitions. The settlement by affiliates of two of South Korea&#8217;s biggest conglomerates comes hours before a Sunday deadline for the administration of President Joe Biden to decide whether to take the rare step of reversing a U.S. International Trade Commission decision (ITC). The core dispute had threatened the EV plans of Ford Motor Co and Volkswagen AG, as well as a Georgia plant that is key to the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-410219","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/410219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=410219"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/410219\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=410219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=410219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=410219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}