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Indonesian EV Battery Project

Sector: Energy Storage • Location: Indonesia

Source: The Korea Times

Project
Planned

China's Zhejiang Huayou Cobalt is replacing Korea's LG Energy Solution as a strategic investor in one of Indonesia's major electric vehicle (EV) battery projects. The project aims to develop domestic processing industries to produce batteries and EVs, leveraging Indonesia's rich mineral resources.

Status
Prospective
Sector
Energy Storage, Commercial, Electric Vehicles (EVs), Automotive
Location
Indonesia
Updated
22 Jul 2026
Source
The Korea Times

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Project Information

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The project “Indonesian EV Battery Project” is an infrastructure initiative in the Energy Storage sector, located in Indonesia. Taiyo aggregates data on it from The Korea Times.

Participants

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Status

Original status

Planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

China's Zhejiang Huayou Cobalt is replacing Korea's LG Energy Solution as a strategic investor in one of Indonesia's major electric vehicle (EV) battery projects. The project aims to develop domestic processing industries to produce batteries and EVs, leveraging Indonesia's rich mineral resources.

Budget

Location

Country

Indonesia

Source

Source

The Korea Times

URL

More Details

Record type

Project

Sector

Energy Storage, Commercial, Electric Vehicles (EVs), Automotive

Article published date

2025-04-28

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