Indonesia and LG sign USD 9.8 billion deal to build world’s first integrated EV battery industry

Reported on December 30, 2020, Indonesia has signed a deal worth USD 9.8 billion with South Korea’s LG Energy Solution to develop the world’s first integrated EV battery industry, according to Indonesia’s investment chief.
The memorandum of understanding (MoU) was signed by Indonesia Investment Coordinating Board (....

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