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 8450000000.

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

This Taiyo project page references GreentechLead along with the original URL (https://greentechlead.com/electric-vehicle/lg-energy-withdraws-from-8-45-bn-ev-battery-project-in-indonesia-49504). Taiyo standardizes official data into a consistent, searchable project profile.

LG Energy EV Battery Project in Indonesia

Sector: Warehouse • Location: Indonesia

Source: GreentechLead

Project

Cancelled

LG Energy Solution has withdrawn from an electric vehicle battery manufacturing project in Indonesia valued at approximately $8.45 billion. This decision marks a significant shift in the Indonesia Grand Package initiative, which aimed to foster investment across the entire electric vehicle battery supply chain in the country.

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

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Project Information

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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 GreentechLead.

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Description	LG Energy Solution has withdrawn from an electric vehicle battery manufacturing project in Indonesia valued at approximately $8.45 billion. This decision marks a significant shift in the Indonesia Grand Package initiative, which aimed to foster investment across the entire electric vehicle battery supply chain in the country.
Budget

Location

Country

Indonesia

Source

Source	GreentechLead
URL

More Details

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

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LG Energy EV Battery Project in Indonesia

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