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Ford joins PT Vale Indonesia and Huayou in Pomalaa nickel project; offtake agreement

Green Car Congress

PT Vale Indonesia Tbk and China’s Zhejiang Huayou Cobalt Co. announced an agreement with Ford Motor Co., creating a three-party collaboration to advance more sustainable nickel production in Indonesia and help make electric vehicle batteries more affordable.

Indonesia 259
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Hyundai Motor Group and LG Energy Solution to build EV battery gigafactory in nickel-rich Indonesia

Green Car Congress

Hyundai Motor Group (the Group) and LG Energy Solution have signed a Memorandum of Understanding (MoU) with the Government of Indonesia to establish a joint venture (JV) in Indonesia to manufacture battery cells for BEVs. Under the MoU, Hyundai Motor Group and LG Energy Solution will invest a total of US$1.1

Indonesia 170
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Hyundai Motor Group and LG Energy Solution begin construction of EV battery cell plant in Indonesia; 10 GWh to start

Green Car Congress

Hyundai Motor Group and LG Energy Solution have begun construction of an electric vehicle (EV) battery cell plant in Indonesia to secure leadership in the global battery electric vehicle (BEV) market. Furthermore, we expect Indonesia to play a key role in the ASEAN EV market.

Indonesia 170
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Hyundai Motor, LGES complete building EV battery plant in Indonesia – ET Auto

Baua Electric

The group’s separate car manufacturing plant in Indonesia plant will begin mass production of the KONA Electric EV starting this month using battery cells produced by HLI Green Power, Hyundai said. in Indonesia, allowing the South Korean automotive giant a fully-integrated EV production system in the Southeast Asian nation.

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Hyundai Motor and LG Energy Solution to establish 50:50 $4.3B battery cell manufacturing JV in US

Green Car Congress

Hyundai Motor Group and LG Energy Solution (LGES) announced an EV battery cell manufacturing joint venture in the US. Hyundai Motor Group and LGES signed a memorandum of understanding to produce EV batteries in the US. Hyundai and LGES will each hold a 50% stake in the JV, which will involve an investment of more than US$4.3

Hyundai 304
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Hyundai Kona EV to start operations in Indonesia

Teslarati

The Hyundai Kona electric vehicle (EV) will kick start the company’s battery factory operations in Indonesia. The South Korean automaker will reportedly launch its all-new Hyundai Kona EV at the 2024 Gaikindo Indonesia International Auto Show (GIIAS). Hyundai will produce the Kona EV using batteries from its new factory in Indonesia.

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Hyundai Motor Group deepens partnership with Grab to accelerate EV adoption in Southeast Asia

Green Car Congress

Hyundai Motor Group and Grab Holdings Inc. The Group—including Hyundai Motor Company and Kia Corporation—and Grab will further develop new pilots and initiatives that lower the barriers of entry for Grab driver and delivery-partners to adopt EVs, such as lowering the total cost of ownership and reducing range anxiety.

Asia 199