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LG wins key EV battery dispute against SK Innovation in US

Rival excluded from American market for 10 years but can sell to Ford and VW

The U.S. International Trade Commission is allowing SK Innovation to import components for U.S.-based production of certain battery products for Ford Motor and Volkswagen.   © Reuters

SEOUL/NEW YORK -- The U.S. International Trade Commission has ruled in favor of LG Chem's trade-secrets theft claim against rival SK Innovation, concluding a 20-month investigation on the dispute between the two South Korean conglomerates.

The commission's decision on Wednesday includes a 10-year exclusion order against SK Innovation, or SKI, to ban it from importing certain lithium-ion batteries, battery cells, battery modules, battery packs and components into the U.S. and manufacturing such products in the country, effectively barring the company from the American electric-vehicle battery market.

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