SKI to Biden: Overturn ITC battery import ban or lose U.S. investment
SK Innovation Board of Directors Chairman Kim Jong-hoon was in Washington, DC, this week to deliver an ultimatum to the Biden administration: Overturn the U.S. International Trade Commission’s ban on SKI imports of electric battery vehicle components or lose billions in investment, Kim told Inside U.S. Trade on Thursday. The ITC last month ruled Korean company SKI misappropriated electric vehicle battery trade secrets from LG Chem, another Korean company, and unfairly introduced products made based on those secrets into...