What is the latest status of the project “Indonesia EV Battery Investment”?

The status recorded for “Indonesia EV Battery Investment” is Cancelled.

What is the budget and commercial profile for the project “Indonesia EV Battery Investment”?

Taiyo normalizes the budget of “Indonesia EV Battery Investment” to USD 8450000000.

Where can I verify the source and access all details for “Indonesia EV Battery Investment”?

This Taiyo project page references Reuters along with the original URL (https://www.reuters.com/business/energy/south-koreas-lg-energy-solution-pulls-out-indonesia-ev-battery-investment-2025-04-21/). Taiyo standardizes official data into a consistent, searchable project profile.

Indonesia EV Battery Investment

Sector: Warehouse • Location: Indonesia

Source: Reuters

Project

Cancelled

South Korea's LG Energy Solution has formally withdrawn from a 142 trillion rupiah ($8.45 billion) project to develop electric vehicle battery making in Indonesia. The project was part of the Indonesia Grand Package, which included investments across the EV battery supply chain in the country.

Status: Closed
Sector: Warehouse, Energy Storage, Electric Vehicles (EVs), Commercial, Automotive
Location: Indonesia
Updated: 22 Jul 2026
Source: Reuters

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Project Information

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The project “Indonesia EV Battery Investment” is an infrastructure initiative in the Warehouse sector, located in Indonesia. Taiyo aggregates data on it from Reuters.

Participants

Not available for this record.

Status

Original status	Cancelled
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	South Korea's LG Energy Solution has formally withdrawn from a 142 trillion rupiah ($8.45 billion) project to develop electric vehicle battery making in Indonesia. The project was part of the Indonesia Grand Package, which included investments across the EV battery supply chain in the country.
Original sector	Energy
Budget

Location

Country

Indonesia

Source

Source	Reuters
URL

More Details

Record type	Project
Sector	Warehouse, Energy Storage, Electric Vehicles (EVs), Commercial, Automotive
Article published date	2025-04-25

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Indonesia EV Battery Investment

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