With demand for electric vehicles at an all-time high, companies with the knowledge, skill, and resources to make high-capacity, long-life battery cells for electric vehicles stand to make a lot of money.
And that means that companies are fiercely guarding their IP, trying to ensure they have the edge on their direct competitors.
Earlier today, we saw that in action, when LG Chem issued court papers against SK Innovation, a fellow Korean rival who it alleges stole LG Chem IP when seventy-seven former LG Chem employees started working at SK Innovation.
It’s seeking for the U.S. to ban SK Innovation from importing batteries, or even battery testing equipment, into the country.
Will it succeed? Are its allegations correct? And what does this mean for lithium-ion battery suppliers for now?
Watch the video above to find out, like, comment and subscribe, and support us using the links below.
[Missed our video on battery manufacturing? Check it out here: https://youtu.be/z2819K8_m7c
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