South Korean tech giants LG $066570.KS and Samsung $005930.KS have taken a significant legal step by filing lawsuits against the Indian government, seeking to overturn a policy that increases payouts to electronic waste recyclers. This move, documented in court filings, highlights the escalating tension between multinational corporations and the Indian government regarding environmental regulations affecting their business operations.

As the global automotive industry transitions to electric vehicles (EVs) at a rapid pace, advancements in battery technology and strategic alliances increasingly dictate market dynamics. In a notable development, Japanese automaker Toyota Motor Corporation $TM has confirmed plans to redirect its battery orders to a Michigan plant that was previously part of a collaboration between General Motors $GM and LG Energy Solution $373220.KS. This marks a crucial step for Toyota in ensuring a stable supply chain for EV battery production while opening new opportunities for LG Energy Solution.