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Hyundai to Invests US$1B for EV Project in Indonesia

JAKARTA (TheInsiderStories) - Indonesia will sign an investment agreement with South Korea' Hyundai Motor Company regarding the electric vehicle (EV) industry in the country. The company...

China’s Tsingshan, Huafon to Sets US$3B Project in Indonesia

JAKARTA (TheInsiderStories) - Chinese stainless steel-maker Tsingshan Holding Group and chemicals firm Huafon Group Co., Ltd. plan to set up a US$3 billion metallurgy and...

US’s Tesla Looks to Build Lithium Battery Factory in Indonesia

JAKARTA (TheInsiderStories) - United States' electric vehicle maker Tesla Inc. (NASDAQ: TSLA) is looking to build a lithium battery raw material factory in Indonesian...