LG Energy Solution (LGES) has pulled out from a Rp142 trillion (RM36.9 billion) deal it signed with the Indonesian government in 2020 – called Indonesia Grand Package – to develop EV battery manufacturing in the […]

China's Zhejiang Huayou Cobalt is replacing South Korea's LG Energy Solution as a strategic investor in a multibillion-dollar project to build an electric vehicle battery joint venture in Indonesia, officials ...