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Hyundai and LG open first EV battery cell plant in Indonesia to power up affordable EVs

Electrek

Hyundai opened the first EV battery cell plant in Indonesia with LG Energy Solution as it builds out its global supply chain. The plant will supply cells for over 150,000 competitively-priced Hyundai and Kia EVs, starting with the new Kona Electric.

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Hyundai Motor Group and LG Energy Solution to build EV battery gigafactory in nickel-rich Indonesia

Green Car Congress

Hyundai Motor Group (the Group) and LG Energy Solution have signed a Memorandum of Understanding (MoU) with the Government of Indonesia to establish a joint venture (JV) in Indonesia to manufacture battery cells for BEVs. billion into the JV to build a battery cell plant in Karawang, Indonesia.

Indonesia 170
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Ford, LG Energy Solution, Koç Holding to form JV to build battery gigafactory in Turkey

Green Car Congress

Ford and Koç Holding had originally signed a non-binding MoU with battery maker SK On to build the battery JV in Turkey. This new joint venture project builds on long-standing business relationships Ford has with both LGES and Koç Holding. LGES aims to expand its global production capacity to 300GWh by the end of this year.

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Tesla visits nickel plant in Indonesia for potential investment

Teslarati

Nickel Industries from down under has invited Tesla, Panasonic, Northvolt, and other automakers and battery suppliers to invest in its facilities in Indonesia. Nickel Industries aims to build a $2.3 billion plan in Morowali, Indonesia and seeks investors like Tesla or Panasonic—companies with a strong presence in the EV industry.

Indonesia 130
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SK On, EcoPro Materials and GEM to build battery precursor plant in South Korea

Green Car Congress

SK On will partner with Korea’s largest cathode material company EcoPro, and Chinese battery materials producer GEM to build a battery core material production facility in Saemangeum, South Korea. SK On has been actively building various cooperative relationships to strengthen the raw material supply chain.

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Indonesia’s massive metals build-out is felling the forest for batteries – ET Auto

Baua Electric

Indonesia aims to dominate the world’s nickel supply, and it’s succeeding. The country has gone from having two nickel smelters to 27 over the last 10 years, with 22 more planned, according to S&P Global Commodity Insights. Last year, the country was responsible for more than half the supply of nickel ore globally.

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Tesla to bring ‘quite big’ investment to Indonesia for battery materials

Teslarati

Tesla is looking to bring a “quite big” investment to Indonesia in order to build a battery factory in the country, according to the country’s Senior Minister, Luhut Pandjaitan, who posted on Instagram today talking about a meeting with CEO Elon Musk. I’d love to chat!