makes the first shipment of nickel mixed hydroxide precipitate to China from Morowali, the biggest nickel processing hub on Indonesia's Sulawesi island.
March 2022: Hyundai launches a plant in Indonesia to produce battery-powered electric vehicles, its first in Southeast Asia.sign a framework agreement with China's biggest battery manufacturer CATL Group, through its subsidiary Ningbo Contemporary Brunp Lygent Co , for partnership spanning from nickel mining and processing to EV battery manufacturing and battery recycling.
June 2022: South Korea's LG Energy breaks ground on a $3.5 billion smelter with the capacity to produce 150,000 tonnes of nickel sulfate per year in Batang, Central Java. It will also build a $2.4 billion factory in the Batang park to produce 220,000 tonnes of precursor and 42,000 tonnes of cathode per year.and China's Zhejiang Huayou Cobalt sign an agreement with U.S. carmaker Ford Motor to build a 120,000 tonnes mixed hydroxide precipitate plant in Southeast Sulawesi.
Aug. 2022: Production of an electric vehicle, Wuling Air, is launched in Indonesia. It is being built by SGMW Motor Indonesia, part of a joint venture of SAIC Motor Corp Ltd
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