1. Hyundai to produce EVs in Indonesia by 2022.
- Subjects
ELECTRIC vehicle design & construction ,LITHIUM-ion batteries ,COVID-19 pandemic ,CHIEF operating officers - Abstract
Keywords: Hyundai-Kia Group; LG Chem; Hyundai EN Hyundai-Kia Group LG Chem Hyundai N.PAG N.PAG 1 12/04/20 20201118 NES 201118 Hyundai Motor plans to launch production of electric vehicles (EVs) at a new plant in Indonesia by 2022, according to local reports citing a senior company official. To encourage local production of electric vehicles, the Indonesian government has been discussing EV battery manufacturing investment with leading South Korean and Chinese manufacturers such as LG Chem and Contemporary Amperex Technology Company Limited (CATL). Last month the Indonesian government said it had ordered three leading state owned enterprises to establish a joint holding company, to be called PT Indonesia Battery Holding, to drive the development of a local electric vehicle (EV) battery manufacturing and service industry. [Extracted from the article]
- Published
- 2020