Hyperdrive
EV-Battery Rivals Prod Biden With Rare Trade Veto in Balance
- SK Innovation seeks veto of decade-long U.S. ban by April 11
- Korean rivals hire insiders to lobby Washington officials
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Two of the world’s largest electric-vehicle battery makers have hired top Washington insiders to hold near-daily meetings with the Biden administration in a battle that could affect the electrification plans of Ford Motor Co. and Volkswagen AG.
SK Innovation Co., Ford’s battery supplier for its upcoming electric F-150 pickup truck, faces a 10-year U.S. import ban on its Korean-made batteries and components after April 11. SK Innovation has engaged such well-connected advocates as former EPA chief Carol Browner and one-time Acting Attorney General Sally Yates to convince the administration to intervene.