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Biden declares South Korean battery maker deal a win for U.S. electric vehicle production



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President Joe Biden during remarks on the American Jobs Plan in the South Court Auditorium at the Eisenhower Executive Office Building on April 7, 2021.Demetrius Freeman | The Washington Post | Getty ImagesPresident Joe Biden on Sunday declared the settlement between two Korean battery makers a victory for U.S. efforts to build a strong supply chain for electric vehicles in order to create clean energy jobs and curb climate change.The settlement over a trade secrets dispute between LG Energy Solution and SK Innovation Co. will allow two plants in Georgia to move forward with plans to produce lithium ion batteries for …

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