Is Indonesia set to dominate the EV world? Inside the $1.2bn CATL partnership
Indonesia has officially launched a $1.2 billion joint venture with China’s battery manufacturing giant, Contemporary Amperex Technology Co. Ltd. (CATL), aiming to solidify its status as a major player in the global electric vehicle (EV) industry. The partnership, announced in mid-October 2024, involves Indonesia’s state-owned entity, Indonesia Battery Corporation (IBC), collaborating with CATL to establish […]