JAKARTA (Reuters) -South Korea's Hyundai Motor Group and LG Energy Solution (LGES) on Wednesday inaugurated Indonesia's first battery cell production plant for electric vehicles with an annual ...

Hyundai Motor Co. said Thursday that it and LG Energy Solution, a South Korean battery maker affiliated with LG Chem Ltd., will set up a $1.1 billion joint venture in Indonesia.

Hyundai and LG Energy Solution have opened a $1.1bn battery cell plant in Indonesia as the south-east Asian country works to build an electric vehicle ecosystem.

South Korean automotive manufacturer Hyundai Motor Group and battery manufacturer LG Energy Solution have today (3 July) inaugurated a new $1.1bn electric vehicle (EV) battery cell manufacturing ...

Hyundai Motor and LG Energy Solution plan to invest up to $9.8 billion in Indonesia to develop an EV supply chain, tapping into the country’s rich nickel and copper resources, reported Reuters.

Hyundai Motor Group is poised to produce electric vehicles, including the flagship Ioniq 5, in Indonesia equipped with battery packs made at its manufacturing plant there from August 2024, ramping ...

JAKARTA — South Korean automobile giant Hyundai has ended an agreement with Adaro Minerals, a subsidiary of Indonesia’s second-largest coal miner, PT Adaro Energy, to procure aluminum for its ...

Hyundai Motor Group and LG Energy Solution opened a US$1.1 billion battery cell plant in Indonesia, a first for the country that’s pushing to become a hub for electric vehicle manufacturing.