double-skinned crabsVietnamese crab exportergood crabexellent crab

Jokowi Says Hyundai-LG's EV Battery Plant in Indonesia is Southeast Asia's Largest

Ichsan Ali
September 14, 2023 | 7:26 pm
SHARE
President Joko Widodo visits an electric vehicle battery factory run by joint venture company Hyundai LG Industry Green Power in Karawang, West Java province, Thursday, Sept. 14, 2023. (Handout)
President Joko Widodo visits an electric vehicle battery factory run by joint venture company Hyundai LG Industry Green Power in Karawang, West Java province, Thursday, Sept. 14, 2023. (Handout)

Jakarta. President Joko "Jokowi" Widodo said on Thursday that the electric vehicle (EV) battery plant, owned by South Korean companies Hyundai and LG in the West Java town of Karawang, will become the largest of its kind in Southeast Asia.

The factory, operated by the joint venture company Hyundai LG Industry (HLI) Green Power, is scheduled to commence production early next year.

"HLI Green Power will initiate production next year with a capacity of 30 million battery cells, sufficient for the production of approximately 180,000 electric vehicles. This factory is not only the first of its kind but also the largest in Southeast Asia at the moment," the president said during his visit to the factory.

The presence of this factory aligns with the government's ambition to position Indonesia as the largest electric vehicle ecosystem in the region and a significant player in the global EV supply chain, Jokowi said.

ADVERTISEMENT

"Once we integrate into the global supply chain, other countries will rely on us for battery cell supplies," he added.

Accompanying the president during the visit, Investment Minister Bahlil Lahadalia revealed that HLI has initiated production trials at the factory, which was constructed two years ago.

"Two years ago, we broke ground on this factory for EV battery production. Currently, production is in the trial-and-error phase, but starting from March next year, actual production will commence," Bahlil said.

He also noted that upon completion, the factory will have an installed capacity of 30 GWh.

"We have long aspired for an EV battery factory in Indonesia, and now, by the grace of God, we have it," the minister said. He added that approximately 100 Indonesian workers have been sent to South Korea to acquire the necessary skills in EV battery production before being employed at the factory.

During the president's visit, Trade Minister Zulkifli Hasan and South Korean Ambassador to Indonesia Lee Sang Deok were also in attendance.

Tags: Keywords:
Google Add Investor.id as a preferred source on Google +
SHARE

Related Articles


Business Oct 16, 2026 | 7:56 am

Two Years Into Prabowo Presidency, Infrastructure Takes Back Seat

Prabowo’s social spending push raises concerns over infrastructure delays and uneven growth beyond Java.
News Sep 26, 2026 | 6:09 pm

Jokowi Confirms PSI Membership After Months of Speculation

Jokowi confirms he joined PSI in October 2025, ending months of speculation over his political ties to the party.
Tech Jul 31, 2026 | 4:32 pm

EVs vs. Gasoline Cars: Which Is Cheaper to Own Over 10 Years?

EVs offer lower energy and maintenance costs, but depreciation and battery replacement can shape their 10-year ownership costs.
News Jul 27, 2026 | 4:05 pm

Jokowi's Son, Megawati's Daughter Set for 2029 Faceoff in Solo

Ganjar said Kaesang has every right to run for parliament, dismissing concerns over PDIP's Central Java stronghold.
Business Jun 30, 2026 | 1:00 pm

S. Korea Asks Indonesia for Tax Incentives on Nickel EVs

South Korean envoy Yoon Soongu also hopes for the removal of non-tariff barriers to support Hyundai's investment in Indonesia.
News Jun 26, 2026 | 10:13 am

Jokowi Launches Nationwide Political Tour Wearing Son’s PSI Party Uniform

Jokowi has begun his first nationwide political tour since leaving office, openly wearing the uniform of the party led by his youngest son.
News Jun 19, 2026 | 4:35 pm

Former Minister, Social Media Activist Arrested in Jokowi Diploma Defamation Case

Roy Suryo and Tifauzia Tyassuma were arrested for accusing the former president of using a fake university diploma to run for president.

The Latest


Special Updates 1 hours ago

Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development

Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.
Special Updates 2 hours ago

AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026

AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.
Business 3 hours ago

Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996

Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.
News 4 hours ago

Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore

Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.
Lifestyle 5 hours ago

Jakarta Outranks Amsterdam in Global Public Transport Survey

Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED