⁍ The United States International Trade Commission (ITC) delayed a decision in a trade secrets case involving South Korean battery makers LG Chem Ltd 051910.KS and SK Innovation Co Ltd 096770.KS to Dec. 10.

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⁍ LG Chem, an EV battery supplier for Tesla Inc and General Motors Co, filed its trade complaints against SK Innovation in April 2019 in the United States.

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⁍ An adverse ruling by the ITC could lead to the import ban of SK Innovation’s batteries and necessary components.

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– The US International Trade Commission has pushed back a decision on a long-running trade dispute between South Korean battery makers to Dec. 10, Reuters reports. LG Chem, an EV battery supplier for Tesla and General Motors, filed its trade complaints against SK Innovation in April 2019 in the US over allegations of trade secret theft. SK Innovation denied wrongdoing. 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 as they move to build new electric vehicles. The automakers have said the dispute between the South Korean battery makers could disrupt supplies of the key EV parts and cost US jobs during the COVID-19 pandemic. “It is clear that this delay has resulted in a longer litigation process,” SK Innovation said in a statement, adding it “hopes that the two firms could make a wise decision to wash off uncertainties caused by prolonged litigation by ending this dispute promptly and to focus on businesses.”