LG Chem, the South Korea-based producer of lithium-ion batteries, has filed a lawsuit against SK Innovation, a South Korea-based petroleum refining company for misappropriation of trade secrets, tortious interference with prospective economic advantage and other claims. Brought jointly by LGCMI, the US-subsidiary, and its parent corporation, the suits were filed concurrently with the United States International […]
LG Chem, VinFast set up lithium-ion battery JV in Vietnam
South Korea’s top battery maker LG Chem Ltd. has set up a joint venture with VinFast, Vietnam’s first automaker, to produce lithium-ion batteries for electric scooters and cars, the Korean company said Sunday. The joint venture, named VLBP, is a follow-up to the memorandum of understanding the two companies signed in September last year to […]