Latest news with #REZHAHADYAN
Nikkei Asia
30-06-2025
- Automotive
- Nikkei Asia
Indonesia breaks ground on $5.9 bn CATL-backed battery venture
Indonesian President Prabowo Subianto, center, launches the construction of an electric vehicle battery cell factory in West Java on June 30. The facility is part of a $5.9 billion investment in the nation's battery ecosystem by China's CATL and its partners. (Indonesia's presidential office) REZHA HADYAN and ISMI DAMAYANTI 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 accelerates its drive to become a regional tech hub. Prabowo inaugurated the project in the West Java town of Karawang, where Chinese-Indonesian consortium Contemporary Amperex Technology Indonesia Battery (CATIB) is building a factory that will churn out lithium-ion batteries at a starting annual capacity of 6.9 gigawatt hours.
Nikkei Asia
30-06-2025
- Automotive
- Nikkei Asia
Indonesia breaks ground on $5.9bn CATL-backed battery venture
Indonesian President Prabowo Subianto, center, launches the construction of an electric vehicle battery cell factory in West Java on June 30. The facility is part of a $5.9 billion investment in the nation's battery ecosystem by China's CATL and its partners. (Indonesia's presidential office) REZHA HADYAN and ISMI DAMAYANTI KARAWANG, Indonesia -- Indonesian President Prabowo Subianto on Sunday led the groundbreaking ceremony on 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 accelerates its drive to become a regional tech hub. Prabowo inaugurated the project in the West Java town of Karawang, where Chinese-Indonesian consortium Contemporary Amperex Technology Indonesia Battery (CATIB) is building a factory that will churn out lithium-ion batteries at a starting annual capacity of 6.9 gigawatt hours.
