Korean battery makers reach $1.8B last-minute settlement in boost to Biden's EV policy Korean battery makers reach $1.8B last-minute settlement in boost to Biden's EV policy April 11, 2021 dzadmin Comments 0 Comment SK Innovation agreed to settle with its Seoul-based rival LG Energy, a unit of LG Chem Ltd., to avert a 10-year import ban of its batteries into the U.S.