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first battery cell production plantReuters
•82% Informative
South Korea's Hyundai Motor Group and LG Energy Solution inaugurated Indonesia 's first battery cell production plant for electric vehicles.
The plant is part of a commitment by Hyundai Motor and LGES to invest up to $9.8 billion in Southeast Asia's largest economy to develop an EV supply chain.
Indonesia 's President Jokowi Widodo said the plant would cement Indonesia 's key position in the EV global supply chain as it establishes a domestic processing industry.
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