Two major South Korean battery manufacturers reached a $1.8 billion settlement Sunday that will allow the construction of a massive Georgia factory that will build EV batteries for more than 300,000 Ford and VW vehicles per year. The International Trade Commission ruled earlier this year SK Innovation stole trade secrets from LG Chem and banned the importation of batteries made by SKI for 10 years. The 11th-hour settlement saved the Biden administration from being forced to decide whether to overturn the International Trade Commission ruling — that deadline was also Sunday — which would have presented a hurdle to the administration’s efforts to expand transportation electrification as part of its efforts to fight climate change. (Washington Post $, Politico Pro $, NPR, AP, Atlanta Journal-Constitution, Bloomberg $, HuffPost, E&E $)