S Korea-US-electric vehiclesS. Korean firms urge U.S. to clarify 'foreign entity of concern' SEOUL, Sept. 24 (Yonhap) -- South Korean companies have asked the United States to clarify from which foreign companies they are not required to import critical electric vehicle (EV) battery minerals under the U.S. Inflation Reduction Act (IRA), industry sources said Sunday. Senior executives of South Korean battery and material companies made the request to U.S. Deputy Secretary of Commerce Don Graves during a closed-door meeting in Seoul on Friday.

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