Korea's LG Energy, SK Innovation settle EV battery dispute for $1.8b, aiding Biden's push

Korea's LG Energy, SK Innovation settle EV battery dispute for $1.8b, aiding Biden's push

Photo: Michael Fousert / Unsplash

South Korean battery makers LG Energy Solution and SK Innovation Co agreed on Sunday to settle disputes over electric-vehicle (EV) battery technology, avoiding a potential setback for US EV ambitions.