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 LG Indonesia Green Power (HLIGP), an Indonesia based joint venture between Hyundai Motor Group and LG Energy Solution and Indonesia Battery Corporation (IBC), held the opening ceremony ...

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 is aiming to sell over 1 million EVs across the country, which accounts for 30% of its global EV sales target of 3.64 million by the end of the decade. Expected Plans for EV Battery Joint ...

(RTTNews) - Hyundai Motor Co. (HYMLF.OB, HYMTF.OB) said that it has signed a Memorandum of understanding with PT Adaro Minerals Indonesia Tbk. or AMI to secure a stable aluminum supply amid the ...

Hyundai Motor is deepening its ties with Indonesia, with construction of a new EV battery plant scheduled to be completed in 2024 in partnership with South Korea’s LG Energy Solution on the site ...

Hyundai Motor Co's (005380.KS) sport-utility vehicle IONIQ 5, a model eligible for the tax cut, saw sales jump three-fold to more than 600 units in April compared with the previous month, Sanghoon ...

As China-based BYD announced a US$1.3 billion investment in Indonesia, Hyundai Motor, which sees the country as a critical market, will likely take a countermeasure. The South Korean automaker ...

CORRECTED-Indonesia's Pertamina appoints SK, Hyundai for $4 bln refinery upgrade By Reuters December 11, 20186:56 PM PSTUpdated December 9, 2018 ...