Hyundai Mobis breaks ground in Indonesia for a New Battery System Plant
JAKARTA, Indonesia and SEOUL, South Korea, June 1, 2023 /PRNewswire/ -- Hyundai Mobis began construction of a new EV dedicated battery system plant in Indonesia, which it plans to have completed by the first half of next year.
- JAKARTA, Indonesia and SEOUL, South Korea, June 1, 2023 /PRNewswire/ -- Hyundai Mobis began construction of a new EV dedicated battery system plant in Indonesia, which it plans to have completed by the first half of next year.
- Hyundai Mobis announced that it had held a groundbreaking ceremony for the battery system plant in Bekasi, West Java (Jawa Barat) on the outskirts of Jakarta on 31.
- The battery system plant in Indonesia will become a solid footing for Hyundai Mobis' global electrification business targeting the ASEAN market in particular.
- Hyundai Mobis holds half of the stake (Hyundai Mobis 25%, Hyundai Motors 15%, Kia 10%) in Hyundai Motor Group's total investment in HLI Green Power, a joint battery cell venture currently being built near the company's local plant.