Indonesia is making significant strides in the electric vehicle (EV) industry, specifically by promoting the production of nickel-based batteries. This move is aimed at encouraging EV manufacturers to ramp up their operations in the country, as reported by ANTARA News. The Deputy Minister of State-Owned Enterprises, Kartika Wirjoatmodjo, is at the forefront of this initiative, […]
This Week's Briefings
Huayou Replaces LG in $8.4B Indonesia EV Project; Apple Invests Despite US Tariffs
Two recent business developments have highlighted the growing interest of global companies in Indonesia. The Chinese firm Huayou has replaced LG in an $8.4 billion Indonesian electric vehicle (EV) project, underscoring the nation’s potential as an EV production hub. The project was reported by Tech in Asia and represents a significant investment in Indonesia’s growing […]