Indonesia bets on SE Asia’s first battery plant to become EV hub

Indonesia bets on SE Asia’s first battery plant to become EV hub …C0NTINUE READING HERE >>>

Indonesia aims to become one of the world’s top three producers of EV batteries.
Photo: Yasuyoshi CHIBA / AFP
Source: AFP

Rows of robotic arms move with precision to assemble nickel-based battery cells on the production line at Indonesia’s inaugural electric vehicle battery plant, the first in Southeast Asia.

After being chosen by a joint venture of South Korea’s Hyundai and LG for the $1.1 billion factory, Indonesia is now looking to boost investment to give it an edge in the race to become a regional EV hub.

When he opened the West Java plant in July then-president Joko Widodo said…

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