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EV Battery Battle Has Carmakers Urging Peace Before Biden Acts

  • Settlement seen key to boosting U.S. electric vehicle output
  • SK Innovation faces U.S. import ban in dispute with LG energy
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Pressure is mounting on two South Korean companies that are the world’s largest manufacturers of electric-vehicle batteries to ensure their U.S. legal dispute -- which has wound its way to the White House --doesn’t disrupt automaker plans to electrify their fleets.

SK Innovation Co. is facing a 10-year ban on U.S. imports of its batteries, after losing a trade dispute with LG Chem Ltd.’s LG Energy Solution Co. last month. SK Innovation is lobbying the Biden administration to overturn the ban even as Ford Motor Co. and Volkswagen AG -- which both plan to buy SK Innovation batteries -- urge the companies to settle the case quickly.