⁍ The ITC delayed a decision on South Korea’s chemicals and electric vehicle battery maker LG Chem Ltd’s complaint its cross-town rival SK Innovation Co Ltd misappropriated electric vehicle battery trade secrets.
An adverse ruling by the ITC could lead to the import ban of SK Innovation’s batteries and necessary components, potentially causing setbacks for Volkswagen and Ford Motor as they move to build new electric vehicles

– The US International Trade Commission has delayed a decision on a complaint by South Korea’s LG Chem and electric vehicle battery maker LG Chem that its cross-town rival misappropriated electric vehicle battery trade secrets, Reuters reports. An adverse ruling by the ITC could lead to the import ban of SK Innovation’s batteries and necessary components, potentially causing setbacks for Volkswagen and Ford Motor as they move to build new electric vehicles.



Source: https://www.reuters.com/article/us-lg-chem-sk-innovation-lawsuit/itc-delays-decision-on-lg-chem-sk-innovation-trade-secret-case-idUSKBN27B2GA