After years of intense lobby, PT HKML Baterai Indonesia, a joint venture between Hyundai Motor and LG Energy Solution, has finally kicked off construction of an electric vehicle (EV) battery in Karawang, West Java province with estimated investment of US$1.1 billion. The importance of the event can be seen in the attendance of President Joko ‘Jokowi’ Widodo, chairman of Hyundai Motor, and CEO of LG Energy Solution in the ground breaking ceremony.To subscribe please click here
