U.S. governor urges Biden to drop a trade ruling against SK Innovation.

Georgia's governor urged President Joe Biden to overturn a trade ruling against SK Innovation, saying the decision would affect the state-built electric vehicle battery plant. South
Governor Brian Kemp's request comes two days after the US Trade Commission sided with LG Chem Ltd, which accused SK Innovation of misappropriating trade secrets related to EV battery technology.Biden has 60 days to cancel the ruling, including a 10-year exemption order banning the importation of certain batteries into the United States. The move could effectively ban companies from sourcing EV batteries in the United States unless the company can provide all necessary materials there - step analysts said that was impossible.

Unfortunately, the xo recent ruling by the International Trade Commission has made SK making significant investments in 2,600 clean energy jobs and innovative manufacturing in jeopardy during the pandemic," Kemp said in a statement.Kemp warned that long-term opportunities for SK Innovation's $ 2.6 billion battery plant in Jackson County, Georgia, would The plant will eventually build batteries for Volkswagen AG and Ford Motor Co.White House officials could not be reached for comment.SK officials declined to comment, but LG Chem called Georgia a victim of SK's actions.

SK Innovation "can resolve this incident by sufficient compensation (LG Energy Solution) for unlawful conduct," said Song Jung, an advisor to LE Chem LG Energy Solution (LGES), in a statement. Governor Kemp to assist factories and workers while maintaining the rule of law.On Thursday, Ford Chief Executive Jim Farley encouraged LG Chem and SK Innovation to reach a settlement.Previously, VW and Ford warned that a U.S. legal dispute between South Korean battery makers could affect shipments. Delivering critical

EV parts and costing US jobs during the COVID-19 outbreak.ITC sided with LG Chem, but allowed SK to import components for domestic lithium-ion battery production for Ford's F-150 EV program for four years and for Volkswagen of America's EV for two years.SK Innovation said after the hearing it regretted the decision. But referring to a 60-day presidential deliberation period, Biden made EVs and reducing vehicle emissions a top priority.

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