The facility in the state of Georgia is regarded as symbolising close partnerships between the two countries in the electric vehicle (EV) battery sector.
The two companies plan to announce a memorandum of understanding on the joint venture later in the day, as South Korean President Moon Jae-in meets with U.S. President Joe Biden in Washington
The US International Trade Commission (ITC) affirmed a preliminary ruling delivered in February 2020 to support LG's claims that SK used stolen trade secrets to develop its electric vehicle (EV) batteries.
