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Indonesia launches first Southeast Asia EV battery plant
Indonesia has introduced Southeast Asia’s first electric vehicle (EV) battery plant, a US$1.1 billion facility developed by Hyundai and LG.
Located in West Java and launched in July, the plant marks a step toward making Indonesia a regional hub in the EV industry.
Despite having the world’s largest nickel reserves, Indonesia faces challenges in EV battery production.
These include limited processing capacities and environmental issues.
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