LG Energy EV Battery Project in Indonesia
One of 10,000+ projects Taiyo tracks in Indonesia.
Source: GreentechLead
LG Energy Solution has withdrawn from an electric vehicle battery manufacturing project in Indonesia valued at approximately $8.45 billion.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
- Manufacturing (Industrial), Electric Vehicles (EVs), Automotive, Commercial, Energy Storage, Warehouse
- Location
- Indonesia
- Updated
- 22 Jul 2026
- Source
- GreentechLead
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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Description | LG Energy Solution has withdrawn from an electric vehicle battery manufacturing project in Indonesia valued at approximately $8.45 billion.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 | Manufacturing (Industrial), Electric Vehicles (EVs), Automotive, Commercial, Energy Storage, Warehouse |
Article published date | 2025-04-24 |
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