What is the latest status of the project “LG Energy EV Battery Project in Indonesia”?

The status recorded for “LG Energy EV Battery Project in Indonesia” is Cancelled.

What is the budget and commercial profile for the project “LG Energy EV Battery Project in Indonesia”?

Taiyo normalizes the budget of “LG Energy EV Battery Project in Indonesia” to USD 720500.0000000001.

Where can I verify the source and access all details for “LG Energy EV Battery Project in Indonesia”?

This Taiyo project page references The Straits Times along with the original URL (https://www.straitstimes.com/business/companies-markets/lg-energy-pulls-out-of-11-billion-indonesia-ev-battery-project). Taiyo standardizes official data into a consistent, searchable project profile.

LG Energy EV Battery Project in Indonesia

Sector: Warehouse • Location: Indonesia

Source: The Straits Times

Project

Cancelled

LG Energy Solution withdrew from a partnership with Indonesia to build a full electric vehicle battery supply chain, which was part of the Grand Package project signed in 2020. This withdrawal is seen as a setback for Indonesia's ambitions to become a major hub for electric vehicle technology.

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

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

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 withdrew from a partnership with Indonesia to build a full electric vehicle battery supply chain, which was part of the Grand Package project signed in 2020. This withdrawal is seen as a setback for Indonesia's ambitions to become a major hub for electric vehicle technology.
Budget

Location

Country

Indonesia

Source

Source	The Straits Times
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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LG Energy EV Battery Project in Indonesia

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