CATL: Indonesia forms $1.2B EV battery venture with CATL

October 18, 2024 In an effort to advance its goals of becoming a global center for electric vehicles (EVs), Indonesia has announced a joint venture with China's Contemporary Amperex Technology Co Ltd (CATL) to invest $1.2 billion in battery production in the Southeast Asian nation According to a statement from the companies, Bloomberg reported that ... The post Indonesia forms $1.2B EV battery venture with CATL appeared first on Telematics Wire.