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Electric vehicle battery makers strike deal in trade dispute

24 days ago   |   By Boston Herald

WASHINGTON - Two big South Korean electric vehicle battery makers said Sunday they have settled a long-running trade dispute that will allow one company to move ahead with plans to manufacture batteries in Georgia. President Biden called it “a win for American workers and the American auto industry.”
The agreement between LG Energy Solution and SK Innovation ended the need for Biden to intervene in a case closely watched for its implications on his clean-energy agenda, which includes a sharp increase the number of electric vehicles.
The companies said in a joint statement that SK will...
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