Indonesia’s First EV Battery Plant Launched by Hyundai and LGES
On July 3rd, 2024, Hyundai Motor Group and LG Energy Solution (LGES) of South Korea opened Indonesia’s first battery cell production plant for electric vehicles. This facility has an annual capacity of 10 Gigawatt hours (GWh) of battery cells. Hyundai and LGES have...
Frisian Flag Indonesia Launches EUR 257 Million Factory in Cikarang
With an investment of EUR 257 million (or IDR 3.8 trillion), Frisian Flag Indonesia (FFI) has launched a factory in Sukamahi village, Cikarang district, Bekasi regency. This 25.4-hectare plant is the largest production investment by Friesland Campina, the parent...
Samsung Subsidiary to Construct Manufacturing Facility in Thailand
HARMAN, an electronics technology company and subsidiary of Samsung Electronics Co., Ltd., has initiated the construction of a new manufacturing facility in Thailand with a groundbreaking ceremony today. The facility, spanning approximately 47,000 sqm, will be...