Jul 04, 2024 06:22 PM
TECH
Indonesia’s First Battery Plant Opens in Major Step for EV Ambitions
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Indonesian President Joko Widodo inspects the country’s first EV battery factory on Wednesday. Photo: Indonesia’s presidential office
(Nikkei Asia) — Indonesia’s first battery plant opened its doors on Wednesday, marking a major milestone in the country’s efforts to build a complete electric vehicle (EV) manufacturing ecosystem.
The plant in Karawang, West Java province, was developed by HLI Green Power, a joint venture between South Korean battery producer LG Energy Solution Ltd. and carmaker Hyundai Motor Co. that will also operate the facility.
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