Ford, VW battery supplier SK Innovation said to reach deal to avoid import ban3 min read . Updated: 10 Apr 2021, 10:34 PM IST
The move averts a 10-year import ban on SK Innovation’s products and protects thousands of jobs in the politically important state of Georgia
The South Korean supplier of electric vehicle batteries in the U.S. for Ford Motor Co. and Volkswagen AG has reached a last-minute deal with its chief rival, said people familiar with the situation.
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