Indonesia's EV fund gets backing from CATL, CMB International

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JAKARTA : The Indonesia Investment Authority, the country's sovereign wealth fund, is to set up a green electric vehicle (EV) fund of at least $2 billion with China's battery maker CATL and CMB International, the fund's CEO Ridha Wirakusumah said on Monday.The announcement was made in a livestreamed busin

JAKARTA : The Indonesia Investment Authority, the country's sovereign wealth fund, is to set up a green electric vehicle fund of at least $2 billion with China's battery maker CATL and CMB International, the fund's CEO Ridha Wirakusumah said on Monday.

 

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