Ford refutes ITC on’LG-SK battery dispute’

Sending time2021-03-06 07:15


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In the final ITC opinion, Ford also said, “I will not tolerate SK’s unfair behavior.”

Ford refutes'LG-SK battery dispute' to ITC

(Seoul = Yonhap News) Reporter Yoon-young Lee = American automaker Ford rebelled against the opinion of the US International Trade Commission (ITC) that Ford’s side was also wrong in relation to the electric vehicle battery dispute between LG Energy Solutions and SK Innovation on the 5th (local time). Reuters reported.

Ford said, “Contrary to ITC’s presumption, Ford devoted itself to three additional battery programs related to SK Innovation even before it was revealed,” he said. “If ITC had held the hearing, key facts would have been revealed.”

Ford added, “We do not tolerate actions that SK is accused of, particularly those that abuse trade secrets and destroy evidence in the course of an investigation.”

ITC stated that in the final opinion on the battery dispute between LG Energy Solution and SK Innovation released on the day, SK clearly infringed LG’s trade secrets.

At the same time, the question was that Ford, which is supplied with batteries from SK, continued its business relationship with SK even after SK’s’unfair management’ became known.

ITC said in an ITC investigation in November 2019 that Ford pursued business with SK Innovation even after an employee of a company testified the matter. There is no explanation.”

Ford’s decision to continue business relations with SK despite the fact that Ford is aware of SK Innovation’s misconduct is that Ford is also at fault.

Previously, LG Energy Solutions applied for an investigation to the ITC, claiming that SK Innovation has removed manpower and infringed trade secrets regarding rechargeable battery technology used as an electric vehicle battery, and ITC acknowledged this on the 10th of last month and told SK Innovation to’import in the United States. I ordered ’10 years of ban’.

In addition, it lowered the grace period for import bans for Ford for four years and for Volkswagen for two years.

Accordingly, SK Innovation requested the US government’s intervention, including President Joe Biden’s veto, saying that the ruling could have a negative impact on the electric vehicle battery plant that the company is building in Georgia.

Currently, the U.S. Trade Representative (USTR) is reviewing the reports submitted by both companies on ITC decisions. President Biden decides whether to exercise the veto within 60 days of the ITC decision.

At a hearing on approval from the Senate Commerce, Science, and Transportation Committee on the 3rd, Paul Trotenberg, the US Department of Transportation’s nominee, announced that he would review the ITC decision on the battery dispute.

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