Indonesia launches first EV battery plant

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Indonesia launched its first electric vehicle battery plant on Wednesday, President Joko Widodo said, as Southeast Asian countries move to gain a foothold in the emerging industry.

JAKARTA -

"We have abundant natural resources, but for decades we only exported it in the form of raw materials without added value," he said. It will produce batteries for Hyundai’s electric vehicles, with 50,000 of its Kona Electric SUV expected to be powered by the Indonesian-made battery.

 

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