Korean EV Battery Suppliers To Ford, VW Reportedly Reach Agreement To Avoid Import Disruption
Korean EV Battery Suppliers To Ford, VW Reportedly Reach Agreement To Avoid Import Disruption
South Korean battery maker LG Chem and rival SK Innovation Co reportedly have settled their trade secret fight.
What Happened: On Saturday, Korean battery makers LG Chem Ltd. and rival SK Innovation Co. reached a last-minute deal to avert a 10-year U.S. import ban on SK Innovation’s products, Bloomberg reports, citing people familiar with the case.
LG Chem and SK Innovation are both suppliers of electric vehicle batteries in the U.S. for Ford Motor Company (NYSE:F) and Volkswagen Group (OTC:VWAGY).
Why It Matters: In February, the U.S. International Trade Commission banned SK Innovation’s batteries from the U.S. for 10 years.
LG Chem had accused SK Innovation of stealing its battery-making secrets to get orders from the automakers.
However, the ITC for the time being allowed SK to continue importing components for batteries for Ford’s EV F-150 program for four years and Volkswagen’s North American EVs for two years.
Photo courtesy of the Ford Motor Company.
South Korean battery maker LG Chem and rival SK Innovation Co reportedly have settled their trade secret fight.
據報道，韓國電池製造商LG化學和競爭對手SK創新公司已經解決了他們的商業祕密之爭。
What Happened: On Saturday, Korean battery makers LG Chem Ltd. and rival SK Innovation Co. reached a last-minute deal to avert a 10-year U.S. import ban on SK Innovation’s products, Bloomberg reports, citing people familiar with the case.
發生的事情：彭博社(Bloomberg)援引知情人士的話報道，上週六，韓國電池製造商LG化學有限公司(LG Chem Ltd.)和競爭對手SK Innovation Co.在最後一刻達成了一項協議，以避免美國對SK Innovation的產品實施為期10年的進口禁令。
LG Chem and SK Innovation are both suppliers of electric vehicle batteries in the U.S. for Ford Motor Company (NYSE:F) and Volkswagen Group (OTC:VWAGY).
Why It Matters: In February, the U.S. International Trade Commission banned SK Innovation’s batteries from the U.S. for 10 years.
重要的原因：今年2月，美國國際貿易委員會(U.S.International Trade Commission)禁止SK Innovation的電池從美國進口，為期10年。
LG Chem had accused SK Innovation of stealing its battery-making secrets to get orders from the automakers.
LG化學指控SK創新竊取其電池製造機密，以獲得汽車製造商的訂單。
However, the ITC for the time being allowed SK to continue importing components for batteries for Ford’s EV F-150 program for four years and Volkswagen’s North American EVs for two years.
然而，ITC暫時允許SK在四年內繼續進口福特電動汽車F-150計劃的電池零部件，在兩年內繼續進口大眾北美電動汽車的電池零部件。
Photo courtesy of the Ford Motor Company.
照片由福特汽車公司提供。
譯文內容由第三人軟體翻譯。
風險及免責聲明
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用瀏覽器的分享功能，分享給你的好友吧