Indonesia's first battery plant opens in major step for EV ambitions

LG Energy-Hyundai Motor venture can supply key part to 150,000 cars per year

20240703 today's photo of the factory of HLI Green Power

Indonesia's President Joko Widodo inspects the country's first battery cell production plant for EVs in Karawang on July 3. (Photo by Indonesia's presidential office)

ISMI DAMAYANTI

July 3, 2024 14:22 JST

KARAWANG, Indonesia -- Indonesia's first battery plant opened its doors on Wednesday, marking a major milestone in the country's efforts to build a complete EV manufacturing ecosystem.

The plant in Karawang, West Java province, was developed by HLI Green Power, a joint venture between South Korean battery producer LG Energy Solution and carmaker Hyundai Motor that will also operate the facility.