Korean battery maker drama threatens Ford’s all-electric F150 truck, US jobs - The Fact Factory

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Tuesday, 21 July 2020

Korean battery maker drama threatens Ford’s all-electric F150 truck, US jobs


An ongoing legal dispute between two key battery suppliers to the electric vehicle market could lead to “catastrophic delays,” German carmaker Volkswagen says. Last year, two Korean battery-makers came to a head when LG Chem sued its smaller rival, SK Innovation, in the US for allegedly stealing trade secrets. LG Chem’s lawsuit attempts to prevent SK Innovation from setting up shop to produce EV batteries in the US. If this happens, the supply of key components to the American EV industry could be disrupted, Reuters reports. That includes the production of Ford’s upcoming all-electric F150 pickup truck. [Read: Uber refuses…

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