vimarsana.com

Latest Breaking News On - எல்ஜி சர்வதேச - Page 1 : vimarsana.com

Indonesia Starts Construction of Southeast Asia s First Electric Vehicle Battery Factory

Indonesia Starts Construction of Southeast Asia s First Electric Vehicle Battery Factory
jakartaglobe.id - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jakartaglobe.id Daily Mail and Mail on Sunday newspapers.

Indonesia Battery Corporation & LG Corp to Start Construction Electric Vehicle Battery Plant

Indonesian Investment Minister and Head of the Investment Coordinating Board (or BKPM) Bahlil Lahadalia confirmed that the groundbreaking ceremony for a new electric vehicle battery plant, which is developed by state-owned Indonesia Battery Corporation (IBC) and South Korea’s LG, will be held in late-July or August 2021 in Bekasi (West Java). The project starts with the construction of a cell battery plant. Lahadalia said the focus of the project is first on the development of downstream activities. Considering Indonesia is rich in nickel and cobalt the threat could be that these (semi-processed) raw materials are going to be exported to overseas electric battery manufacturers if Indonesia doesn’t develop its own integrated upstream-downstream electric vehicle battery industry ecosystem.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.