Rep. Clyde congratulates SK Innovation and LG Energy Solution on reaching an agreement that will help make Georgia the nation’s hub for EV battery development
Washington, DC,
April 12, 2021
Rep. Andrew S. Clyde released the following statement on April 12th, 2021: “I congratulate SK Innovation and LG Energy Solution on reaching an amicable agreement to settle their dispute regarding the production of electric vehicle batteries. I understand this agreement will bring an end to all ongoing litigation, including a case with the International Trade Court, which will in turn secure thousands of jobs and billions of dollars-worth of investment in our district. In addition, this agreement will accelerate the stable operation of SK Innovation’s Plant 1 and help pave the way for the construction of Plant 2. With this investment, Georgia will be well on its way to becoming the nation’s hub for EV battery development.” |