Indonesia’s first production plant for battery cells for electric vehicles was officially launched on Wednesday by South Korean carmaker Hyundai Motor Group and battery manufacturer LG Energy Solution as the Southeast Asian country looks to take advantage of its raw material supply to move up the EV value chain. Hyundai Motor Group partnered in 2021 with LG Energy Solution to build an EV battery cell plant in Karawang, near the Indonesian capital Jakarta. The companies invested $1.
The EV battery plant is integrated with Hyundai’s car manufacturing plant, where it expects to begin production of 50,000 units per year of Kona Electric, an SUV that would use Indonesian-made batteries.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Octopus Energy to pay customers to use their ovens in 'world first' energy dealThe energy firm said its new Agile tariff policy will pay customers to switch on appliances - but there's a catch.
Source: Daily_Record - 🏆 9. / 89 Read more »
Labour ready to launch GB Energy within days if it wins electionEd Miliband said the new publicly-owned Great British Energy company would lead to a 'mind-blowing' reduction in bills
Source: i newspaper - 🏆 8. / 89 Read more »
Rising Star Octopus Energy Signs Energy Storage DealGresham House Energy Storage Fund has announced a landmark agreement with Octopus Energy, one of the UK's largest andfastest-growing energy suppliers.
Source: OilandEnergy - 🏆 34. / 68 Read more »
The best money-saving energy tariff for those who use more energy at nightBillpayers could save themselves a significant amount of cash throughout the night with one particular tariff
Source: MENnewsdesk - 🏆 23. / 69 Read more »
Energy supplier complaints: EDF and Utilita energy ranked worst for customer service by Citizens Advice🔍 Citizens Advice has revealed shocking customer service ratings in its latest energy supplier report 😡
Source: LeedsNews - 🏆 48. / 63 Read more »
Baku's Renewable Push Gains Momentum with New Solar and Wind ProjectsAzerbaijan's ambitious renewable energy strategy takes a major step forward with the launch of its largest renewable energy investment project, aimed at reducing emissions and boosting gas exports.
Source: OilandEnergy - 🏆 34. / 68 Read more »