The U.S. International Trade Commission announced today the verdict in court clash between two South Korean EV battery manufacturers, LG Chem and SK Innovation.
The case started in Spring 2019, when LG Chem sued SK Innovation over alleged theft of commercial secrets. SK Innovation defends itself, but in the end, the ITC sided with LG Chem.
According to the announcement, SK Innovation EV battery business (importation, domestic production, and sale of batteries for electric vehicles) is banned in the U.S. for 10 years. However, to not harm its clients (that were hoping to avoid a "catastrophic supply disruption"), ITC allows the continuation of the Ford F-150 Electric program for 4 years, and Volkswagen ID.4 (MEB) program for 2 years, to give them time to find new suppliers.