Tesla has signed contracts worth about $5 billion to purchase materials for their batteries from nickel processing companies in Indonesia, a senior cabinet minister said. The country has been trying …
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cars in Indonesia
Hyundai Motor launched a new auto plant on Wednesday that will produce the first locally assembled electric vehicle in Indonesia. The project is part of President Joko Widodo’s goal of …
- Hyundai
Hyundai and LG Energy Solution to invest $1 billion in EV joint venture
by SpeedLuxby SpeedLuxHyundai Motor and LG Energy Solution said on Thursday they would establish a joint venture in Indonesia to establish a battery cell plant for electric vehicles (EV), investing $1.1 billion. …
- Nissan
Nissan to stop producing cars in Indonesia as it reorganizes production
by SpeedLuxby SpeedLuxNissan Motor stated on Wednesday it would stop producing automobiles in Indonesia, consolidating its worldwide production in the face of declining sales which have pummeled its profitability. The decision to …
