Indonesian EV Battery Supply Chain Project
Sector: Electric Vehicles (EVs) • Location: Indonesia
Source: The Edge Malaysia
LG Energy Solution Ltd withdrew from a partnership with Indonesia to build a full electric vehicle (EV) battery supply chain, valued at approximately US$8.5 billion. This project aimed to establish a comprehensive suite of investments in collaboration with Indonesian state-owned enterprises, but was impacted by unfavorable market conditions and investment environment.
- Status
- Closed
- Sector
- Electric Vehicles (EVs), Automotive, Energy Storage, Warehouse
- Location
- Indonesia
- Updated
- 22 Jul 2026
- Source
- The Edge Malaysia
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Project Information
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 | LG Energy Solution Ltd withdrew from a partnership with Indonesia to build a full electric vehicle (EV) battery supply chain, valued at approximately US$8.5 billion. This project aimed to establish a comprehensive suite of investments in collaboration with Indonesian state-owned enterprises, but was impacted by unfavorable market conditions and investment environment. |
Original sector | Automotive |
Budget |
Location
Country | Indonesia |
Source
Source | The Edge Malaysia |
URL |
More Details
Record type | Project |
Sector | Electric Vehicles (EVs), Automotive, Energy Storage, Warehouse |
Article published date | 2025-04-24 |
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