Hyundai, LG Energy begin construction of EV battery cell plant in Indonesia

Strategic Partnerships

Hyundai and LG Energy to invest a total of USD1.1 billion into the JV, with each owning a 50% stake

Hyundai Motor Group and LG Energy Solution Ltd. have commenced the construction of their electric vehicle (EV) battery cell manufacturing facility in Indonesia, the carmaker announced on 15 September.

Thank you for visiting IHS Markit AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload