Industry

Indonesia’s Crumbling EV Dream After LG Energy $7.7bn Exit

Algo Research Team

24 April 2025

Not a financial advise, please do your own research

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  • LG Energy Solution exit casts doubts over Indonesia EV ecosystem
  • Indonesian government is seeking for new partners to continue the project
  • LG Energy maintains other investments in Indonesia, including JV with Hyundai

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