CATL’s recycling subsidiary Brunp has entered into a partnership with Indonesian companies Antam and IBI. CATL wants to invest the equivalent of almost 5.5 billion euros in the Indonesia. The agreement focuses on nickel mining and processing, battery materials, battery manufacturing and battery recycling.
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Indonesian ride-hailing startup Gojek plans to make every car and motorcycle on its platform an electric vehicle by 2030, co-Chief Executive Kevin Aluwi told Reuters. Analysts suggest the move comes in preparation for a public listing but point out difficulties.
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Hyundai has selected CATL as another battery cell supplier for its electric cars based on the E-GMP platform – but probably only those vehicles that will be launched after 2023. This was reported by South Korean media and Hyundai has yet to confirm the deal.
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CATL wants to massively expand its production capacities for battery cells, to 230 GWh this year and to 1,200 GWh in 2025. In parallel, the Chinese battery manufacturer is aiming to expand to Japan, Indonesia, the USA and Europe.
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Chinese battery cell manufacturer CATL plans to invest five billion US dollars in a battery factory in Indonesia. According to the Indonesian government, Tesla will also send a delegation next month to discuss possible investments in a supply chain for its electric cars.
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Several state-owned Indonesian companies are planning a joint venture for batteries for electric vehicles. The joint venture, called Indonesia Battery Holding, is to contribute to the development of the entire industry.
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An international consortium of renowned e-mobility players plans to build a resource mining plant for lithium-ion batteries on the Indonesian island of Sulawesi. In concrete terms, the project reportedly involves nickel and cobalt. Apparently, Tesla, CATL, LG Chem, Daimler and Volkswagen aim to participate in the consortium.
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