article thumbnail

Ford joins PT Vale Indonesia and Huayou in Pomalaa nickel project; offtake agreement

Green Car Congress

PT Vale Indonesia Tbk and China’s Zhejiang Huayou Cobalt Co. creating a three-party collaboration to advance more sustainable nickel production in Indonesia and help make electric vehicle batteries more affordable. The Pomalaa Block HPAL Project will process ore provided by PT Vale Indonesia from its Pomalaa Block mine to produce MHP.

Indonesia 259
article thumbnail

Chiyoda lands $2.7B contract for new copper smelter in Indonesia

Green Car Congress

billion engineering, procurement and construction (EPC) contract by PT Freeport Indonesia (PTFI)—a mineral mining company affiliate of US-based Freeport-McMoRan (FCX) and MIND ID Indonesia’s Mining Industry—for a copper smelter in Gresik, East Java, Indonesia. Japan-based Chiyoda Corporation has been awarded a $2.7-billion

Indonesia 418
article thumbnail

BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

Green Car Congress

The global net zero transition can represent a $3.5-trillion trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. trillion under the NZS.

Indonesia 195
article thumbnail

Foxconn to develop battery manufacturing and EV ecosystem in Indonesia

Green Car Congress

Hon Hai Technology Group (Foxconn), a global leader in smart manufacturing, signed a Memorandum of Understanding (MoU) with the Indonesian Ministry of Investment/BKPM, IBC, Indika, and Gogoro to develop jointly a battery manufacturing and electric vehicle ecosystem in Indonesia.

Indonesia 186
article thumbnail

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.

Indonesia 133
article thumbnail

Continental extends commitment to sustainability in natural rubber supply chain in Indonesia

Green Car Congress

Indonesia is one of the world’s largest producers of natural rubber. For the further processing of the raw rubber produced in the project and in the implementation of the traceability, the project partners work in particular with the natural rubber suppliers Southland Global and Halcyon Agri Corporation.

Indonesia 371
article thumbnail

Hyundai Kona EV to start operations in Indonesia

Teslarati

The Hyundai Kona electric vehicle (EV) will kick start the company’s battery factory operations in Indonesia. The South Korean automaker will reportedly launch its all-new Hyundai Kona EV at the 2024 Gaikindo Indonesia International Auto Show (GIIAS). Hyundai will produce the Kona EV using batteries from its new factory in Indonesia.

Indonesia 117