China’s Huayou replaces LG in Indonesia’s $7.7B EV battery project
China’s Huayou Cobalt replaced LG Energy Solution in Indonesia’s $7.7 billion electric vehicle (EV) battery project. The shift underscores China’s growing influence in Southeast Asia’s EV supply chain. Indonesia’s Minister of Energy and Mineral Resources, Bahlil Lahadalia, confirmed that Huayou would replace LG in the Grand Package, a plan to build a comprehensive EV battery … Read more