Why South Korean battery makers fear FEOC rules could disrupt their US plans

Article Featured Image

Foreign entity of concern (FEOC) restrictions on Chinese supply would make it difficult for South Korean producers to meet demand for Inflation Reduction Act-compliant batteries, according to battery makers LG and SK On. In their feedback to the US Treasury’s FEOC guidelines, SK On joined LG and Hyundai in expressing reluctance to move away from […]

Continue reading

Create a free account to access this content and read up to 3 subscriber articles each month

Sign Up

Already a user? Sign In

Related Content