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The Indonesian government is accelerating its green economy transformation through a significant investment in electric vehicle (EV) battery production. PT HLI Green Power's facility in Karawang has been visited by the Coordinating Ministry for Economic Affairs, highlighting the project's strategic importance. This US$1.2 billion joint venture between Hyundai Motor Group and LG Energy Solution will have an annual production capacity of 10 GWh, sufficient for 150,000 EV units. The development is crucial for Indonesia's position in the global EV supply chain.
The Coordinating Ministry for Economic Affairs conducted an official visit to PT HLI Green Power's battery production facility in Karawang, West Java, on November 13, 2025. This visit underscores the government's commitment to supporting the development of Indonesia's electric vehicle (EV) industry through strategic investments.
The facility is part of a US$1.2 billion joint venture between Hyundai Motor Group and LG Energy Solution, representing one of the largest and most strategic battery manufacturing operations in Indonesia. With an annual production capacity of 10 GWh, the plant is capable of supplying batteries for 150,000 electric vehicles annually.
The visit by the Coordinating Ministry for Economic Affairs demonstrates the government's proactive approach to fostering a robust EV ecosystem in Indonesia. By engaging directly with key industry players, the government aims to ensure that the country's green economy transformation remains on track and continues to attract significant foreign investment.
This development is expected to have far-reaching implications for Indonesia's economic landscape. By strengthening its position in the global EV supply chain, Indonesia is poised to benefit from the growing demand for electric vehicles worldwide. The investment not only creates jobs but also enhances the country's appeal as a manufacturing hub for clean energy technologies.
EV Battery Production Facility Visit
US$1.2 Billion Investment in EV Sector