Suppliers Legacy

Feuding Korean battery suppliers risk disrupting EV production

New VW ID3 cars pictured during a ceremony marking start of the production of the EV in Zwickau, Germany.
New VW ID3 cars pictured during a ceremony marking start of the production of the EV in Zwickau, Germany. (REUTERS/REUTERS)
H
By:
Hyunjoo Jin, Heekyong Yang
|
R
By:
Reuters
November 27, 2019 11:38 AM

SEOUL -- South Korea's SK Innovation beat its larger rival LG Chem to a multibillion dollar deal in 2018 to supply Volkswagen Group with electric vehicle batteries in the United States.

Staying current is easy with newsletters delivered straight to your inbox.