What is the latest status of the project “Indonesian EV Battery Project”?

The status recorded for “Indonesian EV Battery Project” is Cancelled.

What is the budget and commercial profile for the project “Indonesian EV Battery Project”?

Taiyo normalizes the budget of “Indonesian EV Battery Project” to USD 1049521000.

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

This Taiyo project page references Evrim Ağacı along with the original URL (https://evrimagaci.org/tpg/lg-exits-indonesian-ev-battery-project-amid-political-speculation-335827). Taiyo standardizes official data into a consistent, searchable project profile.

Indonesian EV Battery Project

Sector: Electric Vehicles (EVs) • Location: Jakarta, Indonesia

Source: Evrim Ağacı

Project

Cancelled

The project aimed to develop an electric vehicle (EV) battery supply chain in Indonesia, involving a consortium that included LG Energy Solution, LG Chem, and LX International Corp. It was designed to establish an integrated battery industry, securing a comprehensive supply chain for EV batteries from raw material procurement to battery cell production.

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

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Project Information

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The project “Indonesian EV Battery Project” is an infrastructure initiative in the Electric Vehicles (EVs) sector, located in Jakarta, Indonesia. Taiyo aggregates data on it from Evrim Ağacı.

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	The project aimed to develop an electric vehicle (EV) battery supply chain in Indonesia, involving a consortium that included LG Energy Solution, LG Chem, and LX International Corp. It was designed to establish an integrated battery industry, securing a comprehensive supply chain for EV batteries from raw material procurement to battery cell production.
Original sector	Energy
Budget

Location

Country	Indonesia
City	Jakarta

Source

Source	Evrim Ağacı
URL

More Details

Record type	Project
Sector	Electric Vehicles (EVs), Automotive, Commercial, Energy Storage, Warehouse
Article published date	2025-04-27

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Indonesian EV Battery Project

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