Battery Giant LG Chem Sues SK Innovation Over Alleged Trade Secrets Theft

Electric vehicle battery giant LG Chem is suing SK Innovation in the United States for the alleged theft of trade secrets.

Reuters reports that LG Chem and its American unit have filed a lawsuit against its South Korean peer in the U.S. International Trade Commission (ITC).

SK Innovation is being accused of misappropriation of trade secrets by hiring former employees of LG Chem. In the lawsuit, the latter has asked ITC to stop SK’s imports of samples of lithium-ion batteries and infrastructure technology which infringes LG Chem’s trade secrets into the United States.

“This lawsuit is an inevitable measure to protect our core technologies and intellectual property drawn from lengthy research and immense investment,” LG Chem vice president and chief executive Shin Hak Cheol said in a statement.

The world of EV battery production is very competitive

SK Innovation’s electric vehicle battery production is currently limited to South Korea, but it does intend on producing batteries at a mass scale in Hungary and the U.S. in 2020 and 2022 respectively. The company broke ground to its first EV battery plant in the state of Georgia back in March.

In a statement responding to the lawsuit, SK Innovation said its “battery business will grasp the situation and clarify allegations raised by LG Chem through legal procedures.”

The company started mass producing batteries for electric vehicles in 2012 and has supplied the likes of Daimler and Volkswagen.

LG Chem expects the ITC to make its final ruling in the second half of 2020.

  • Six_Tymes

    if they are guilty, i hope they get what they deserve. thieves suck

  • kelsi

    Just one year ago I decided to just leave my past job and I am so delightful now…. I started working on the internet, for a provider I discovered on the internet, for several hrs on daily basis, and I bring in way more than I did on my office workplace job… previous calendar month was 9,000 US dollars… The most important thing regarding it is the more free time I obtained for my little kids…and that the single requirement for this job is simple typing as well as accessibility to internet… I am in a position to devote quality time with my loved ones or friends and take care of my little kids as well as going on family vacation with them very consistently. Don’t skip this chance and be sure to act fast. Take a look, what it’s about… GRAB26.COM


Range Rover Set To Launch Its First Electric Vehicle In Late 2021

The model will be a mid-sized crossover that will compete with the Audi E-Tron Sportback and Porsche Macan EV.

Toyota Is Bringing A Solid State Battery-Powered Electric Vehicle At The 2020 Olympics

The e-Palette will become the brand’s first EV to use solid state batteries, which are much more efficient than the ones currently available .

Local News Reporter Jumps On Multiple Vehicles, Damages Others At Sacramento Auto Show

Angel Cardenas was quickly fired following the incident which has sparked outrage.

Toyo Tires Previews Six SEMA Builds Including Models Based On The Supra, Mustang And Bronco

One of the highlights is a twin-turbo Ferrari from Button Built.

Hyundai Unveils Nexo And Sonata Hybrid Land Speed Record Concepts

The models attempted to set new records at the Bonneville Salt Flats last month.

Brabham BT62 To Make Its Racing Debut At Brands Hatch In November

Brabham ultimately wants the BT62 to compete at the 24 Hours of Le Mans in 2022, although it hasn’t decided yet in which class.

Ferrari 488 Pista Sets Blistering 7:00.03 Nurburgring Time

The 488 Pista was more than 8 seconds faster than a McLaren 720S and less than 2 slower than the Porsche 911 GT2 RS.

This 1988 Alfa Romeo Milano Verde V6 Can Help You Earn Your Petrolhead Stripes

Powering this 1988 Alfa Romeo Milano Verde is a rebuilt 3.0-liter V6 engine.

This Customized 2020 Toyota Supra By Autotuned Is Wonderfully Orange

A new Supra with a towering rear wing , carbon splitter and skirts and gloss black rims certainly looks the part.

2020 Corvette Stingray Delivers Unbelievable Numbers On The Dyno

The 2020 Chevrolet Corvette Stingray’s V8 may actually deliver around 650 hp.