Bloomberg Technology

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

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.…

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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.”

2 Comments

  1. Clifford Ha

    April 13, 2021 at 12:07 am

    0:43
    bed.fyi

  2. oneofthemdeals

    April 13, 2021 at 12:31 am

    Jon Assoff is lying. LG and SK can bring back the complaints only after a 10 year wait! Read the facts!

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