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Hyundai signs MoU with LG Energy Solution and Indonesian Govt. to build EV Battery cell plant in Karawang

On July 28, 2021, Hyundai Motor Group and LG Energy Solution signed a Memorandum of Understanding (MoU) with the Government of Indonesia to establish a joint venture in Indonesia to manufacture battery cells for BEVs. The Investment Minister of Indonesia, who is also a President Director of Indonesia Battery Corporat....

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