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Huayou Cobalt: Indonesian Government Eyes Company to Lead or Collaborate on Battery Project Following LG's Exit
2025-04-25 /
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Author：小编
Chen Xuehua, the chairman of Huayou Cobalt, disclosed that the company was initially part of the LG consortium involved in the Indonesian electric vehicle battery project. With LG's decision to withdraw, the Indonesian government has approached Huayou Cobalt to potentially step in and collaborate with new partners. Leveraging its comprehensive industrial chain expertise in new energy lithium battery materials, Huayou Cobalt plans to engage with industrial chain partners under suitable conditions to jointly advance the project.
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