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    Hyundai and LG to build $1.1 billion electric vehicle battery plant in Indonesia

    2021-08-04 13:33:47   [Print]
    South Korean conglomerates Hyundai and LG will jointly build a $1.Asian Metal Copyright The 50-50 joint venture, slated to operate in the Karawang regency, Indonesia's West Java province, will break ground this year and start production in 2024 with annual capacity for 10 gigawatt hours of battery cells, Hyundai said in a statement.Asian Metal Copyright1 billion electric vehicle battery plant in Indonesia to take advantage of the Southeast Asian country's potentially vast consumer market and rich natural supply of nickel.

    The 50-50 joint venture, slated to operate in the Karawang regency, Indonesia's West Java province, will break ground this year and start production in 2024 with annual capacity for 10 gigawatt hours of battery cells, Hyundai said in a statement.
    .Asian Metal Copyright1 billion electric vehicle battery plant in Indonesia to take advantage of the Southeast Asian country's potentially vast consumer market and rich natural supply of nickelAsian Metal Copyright
    Nickel Ore Philippine 0.8%min In port China
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