China’s CBL to invest $420 million in Indonesian nickel mining and EV battery manufacturing – Charged EVs
Baua Electric
JANUARY 31, 2024
Chinese EV battery company Ningbo Contemporary Brunp Lygend (CBL) has agreed to invest $420 million in Indonesia’s nickel mining and EV battery manufacturing industries. CBL is a consortium and a subsidiary of China’s Contemporary Amperex Technology (CATL). [The
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