LG Energy Solution leads $9bn push to create mines-to-manufacturing battery supply chain

Cecilia Keating
clock • 2 min read
 Nickel Mining in South Sulawesi, Indonesia | Credit: iStock
Image:

Nickel Mining in South Sulawesi, Indonesia | Credit: iStock

New Indonesian venture announced just days after similar project unveiled by key rival China’s Contemporary Amperex Technology (CATL), as concerns grow that sector could face a global supply crunch

A consortium led by South Korean electric vehicle (EV) battery giant LG Energy Solution has announced it is to invest $9bn in developing a mines-to-manufacturing battery supply chain in Indonesia, as battery...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

Scotland revs up plan to deliver 24,000 new EV charge points by 2030

Scotland revs up plan to deliver 24,000 new EV charge points by 2030

Scottish government publishes Draft Implementation Plan setting out how it intends to ease barriers to charge point installation

James Murray
clock 17 December 2024 • 2 min read
Octopus Energy and Sainsbury's Smart Charge announce EV charging partnership

Octopus Energy and Sainsbury's Smart Charge announce EV charging partnership

More than 500 ultra-rapid EV chargers at 68 Sainsbury’s stores now available through Octopus Electroverse

Stuart Stone
clock 16 December 2024 • 3 min read
Business groups slam 'short-sighted' demands to water down EV targets

Business groups slam 'short-sighted' demands to water down EV targets

Trade associations ChargeUK, the REA, UKSIF, and BEAMA issue joint statement urging government to stick with ZEV Mandate targets, despite opposition from parts of the auto industry

Michael Holder
clock 16 December 2024 • 5 min read