China s EV battery maker CATL starts construction of 7 5b nickel project in Indonesia

KARAWANG, West Java – The world’s largest electric vehicle (EV) battery manufacturer, CATL, has officially kicked off construction work on a US$5.9 billion (S$7.5 billion) integrated nickel project spread across two provinces in Indonesia – North Maluku and West Java.

The so-called Project Dragon will span the entire EV battery value chain.

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