Georgia Governor in SK Plant “Fantastic News” on Battery Dispute Agreement

Local senators also welcome “help for job and economic development”

Brian Kemp, Governor of Georgia, USA [AP=연합뉴스]

Brian Kemp, Governor of Georgia, USA [AP=연합뉴스]

(Washington = Yonhap News) Correspondent Lim Joo-young = Governor Brian Kemp, Georgia, USA, said on the 11th (local time) that it was “fantastic news” about the battery dispute agreement between LG Energy Solutions and SK Innovation.

According to the Associated Press and local media, Governor Kemp of Georgia, where the SK electric vehicle battery plant is located, said in a statement that the agreement was “fantastic news about the growing electric vehicle industry in northeastern Georgia and our state.”

Republican Governor Kemp said a special thanks to the regional leadership of Jackson County and the City of Commerce, the Korean government here and in Seoul and our amazing partners, and the U.S. Trade Representative (USTR) for supporting the two companies through the settlement negotiation process. “I want to tell you” he said.

In the city of Commerce in Jackson County, Georgia, SK Innovation’s $2.6 billion electric vehicle battery production facility is located.

Governor Kemp stressed that Georgia has attracted massive investments of $2.6 billion and has participated in numerous meetings, calls, and dialogues to keep the 2,600 jobs created by the project and the acquisition of factories going on.

Earlier, the U.S. International Trade Commission (ITC) banned some of SK’s lithium-ion batteries from the U.S. for 10 years, saying that SK Innovation violated LG Energy Solutions’ battery trade secrets, and Governor Kemp said that jobs would disappear and overturned by exercising the presidential veto. Has been demanding.

Shortly before the deadline for President Joe Biden’s exercise of veto power on the ITC decision, an agency affiliated with the administration, on the 11th, the two companies all agreed that SK would pay 2 trillion in compensation to LG, ending the dispute.

US President Joe Biden, who has struggled with complex challenges due to battery dispute between SK Innovation and LG Energy Solutions[연합뉴스 자료사진]

US President Joe Biden, who has struggled with complex challenges due to battery dispute between SK Innovation and LG Energy Solutions[연합뉴스 자료사진]

President Biden also issued a statement that day and welcomed the agreement as “a victory for American workers and the automobile industry.”

Georgia State Senator John Osoff of the Democratic Party also issued a statement, saying that SK and LG communicated with him every day last week, saying that he was grateful for resolving the crisis that threatened Georgia’s jobs.

Senator Rafael Warnock of the same party also said, “I am glad that all parties concerned have listened to and obtained the decision they hoped for,” and said the agreement will help the local economy develop.

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