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China’s EV battery-maker CATL starts construction of $7.5b nickel project in Indonesia
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Indonesian President Prabowo Subianto at the ground-breaking ceremony for the nickel project on June 29.
ST PHOTO: WAHYUDI SOERIAATMADJA
KARAWANG, West Java – The world’s largest electric vehicle (EV) battery manufacturer, CATL, has officially kicked off construction work on a US$5.9 billion (S$7.5 billion) integrated nickel project spread across two provinces in Indonesia – North Maluku and West Java.
The so-called Project Dragon will span the entire EV battery value chain.
