maaf email atau password anda salah

Pursuing for Electric Vehicle Battery Investors to South Korea

Monday, August 7, 2023

The LG consortium is ready to continue its electric vehicle battery investment, but it is hampered by share negotiations.

arsip tempo : 173222733244.

President Joko Widodo (right) listens to an explanation of the cell battery manufacturing process during the groundbreaking ceremony to commence the construction of an electric car battery factory in Karawang, West Java, September 15, 2021. The investment consortium on the project consists of Hyundai Motor Company, KIA Corporation, Hyundai Mobis, and LG Energy Solution. ANTARA/Presidential Secretariat /Laily Rachev . tempo : 173222733244.

THE meeting between Investment Coordinating Board (BKPM) Head Bahlil Lahadalia and Chief Executive Officer (CEO) of LG Energy Solution Kwon Young-soo, on Thursday, August 3, at the BKPM office ended with a sweet deal. Kwon assured that the investment for electric vehicle batteries worth US$9.8 billion, or about Rp142 trillion, will continue. “The government appreciates LG’s commitment,” Bahlil said after the meeting.&n

...

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

  • *You Save -Rp 102.000
  • *Guaranteed update of up to 52 Editions of Tempo Magazine

Rp 64.380/Month

Active Every Month Cancel Anytime

  • *Free for the first month if using a Credit Card

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.

More Articles

More exclusive contents

  • November 18, 2024

  • November 11, 2024

  • November 4, 2024

  • October 28, 2024

Independent journalism needs public support. By subscribing to Tempo, you will contribute to our ongoing efforts to produce accurate, in-depth and reliable information. We believe that you and everyone else can make all the right decisions if you receive correct and complete information. For this reason, since its establishment on March 6, 1971, Tempo has been and will always be committed to hard-hitting investigative journalism. For the public and the Republic.

Login Subscribe