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SK, LG Settlement Brings Great Benefits to Georgia: Sen. Ossoff

June 19, 2023
in AI & Technology
Reading Time: 1 min read
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Apr.12 — Jon Ossoff, a Democrat from Georgia, discusses the $1.8 billion settle between South Korean electric-vehicle battery makers SK Innovation Co. and LG Energy Solution. The settlement will avert a 10-year import ban of SK Innovation’s batteries into the U.S., and, according to Ossoff, it will save 2,600 skilled jobs at a Georgia plant. He says the move is a strategic investment as it allows the U.S. to have a more diversified supply chain for auto manufacturers. He speaks to David Westin on “Bloomberg Technology.”

source

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