Indonesia breaks ground on $5.9 bn CATL-backed battery venture

asia.nikkei.com/Business/Automobiles/Electric-vehicles/Indonesia-breaks-ground-on-5.9-bn-CATL-backed-battery-venture

KARAWANG, Indonesia -- Indonesian President Prabowo Subianto on Sunday led the groundbreaking ceremony for a $5.9 billion project to build an electric vehicle battery plant and other facilities backed by China's Contemporary Amperex Technology (CATL), as the Southeast Asian nation…

This story appeared on asia.nikkei.com, 2025-06-30 00:00:00.
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