LG Consortium Withdraws from Indonesia EV Battery Project, Dealing Blow to Jakarta’s Ambitions

JAKARTA, April 29 (Korea Bizwire) — A major electric vehicle (EV) battery value chain project in Indonesia has been thrown into uncertainty after a consortium led by LG Energy Solution withdrew its investment plans, the Jakarta Post reported on Tuesday, delivering a setback to the Southeast Asian nation’s aspirations of becoming a global EV hub. [...]