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ADT Inc, the largest home-security company in the US, has filed a lawsuit accusing Amazon.com Inc’s Ring service of copying its trademarked blue octagon symbol “to tout a reputation for trust to potential customers that it has not earned”.
Premium wet-type separators, a key component of electric vehicle batteries will run into a supply shortage in 2023 due to "explosive” growth in demand, says one of its major producers.
SEOUL (Reuters) -Shares in South Korean auto battery maker SK Innovation Co Ltd soared on Monday after it buried the hatchet with LG Energy Solution, freeing up both firms to expand in the United States, where electric cars have become a Biden administration priority.
Two South Korean electric-vehicle battery makers reached a last-minute settlement in a bitter US trade dispute, sparing President Joe Biden from choosing between undermining intellectual property rights or dealing a politically toxic blow to his climate agenda.
(Fixes Volkswagen RIC in paragraph 4)
WASHINGTON (Reuters) - U.S. President Joe Biden faces a Sunday deadline to decide whether to intervene in a trade dispute between two South Korean electric vehicle battery makers that could impact a Georgia factory and his push for more electric vehicles.
Wisk Aero LLC, a maker of electric-powered aircraft designed for use as flying taxis, claims its technology was stolen by Archer Aviation Inc, a rival startup valued at US$3.8bil (RM15.68bil) in a blank-check deal earlier this year involving United Airlines Holdings Inc and investment banker Ken Moelis.
SEOUL (Reuters) - Volkswagen plans to gradually switch the type of battery used in its electric vehicles, three sources with knowledge of the matter said on Monday, moving away from the technology supplied under current deals with South Korea's LG Energy Solution and SK Innovation.
A Canadian judge has rejected a request from Huawei's chief financial officer Meng Wanzhou, who wanted testimony from employees of the Chinese telecom giant to be admitted as evidence in her fight against extradition to the United States.
Apple Inc sued a former employee who worked at the company for more than a decade, claiming he shared its trade secrets with a media contact in exchange for favourable coverage of a startup he invested in.