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International Business Times
International Business Times
Business
Marchio GORBIANO

Indonesia Bets On SE Asia's First Battery Plant To Become EV Hub

Indonesia Asia Hyundai nickel SouthEast Asia electric vehicle South Korea
Indonesia aims to become one of the world's top three producers of EV batteries (Credit: AFP)

Rows of robotic arms move with precision to assemble nickel-based battery cells on the production line at Indonesia's inaugural electric vehicle battery plant, the first in Southeast Asia.

After being chosen by a joint venture of South Korea's Hyundai and LG for the $1.1 billion factory, Indonesia is now looking to boost investment to give it an edge in the race to become a regional EV hub.

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