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Indika Energy

A partnership was established between Foxconn, Indika and 3 other entities earlier this year in a memorandum of understanding to collectively invest US$8 billion in EV and battery manufacturing in Indonesia.

Transport & Logistics

Indonesia energy firm Indika eyes US$2b EV venture with Taiwan's Foxconn

INDONESIA'S Indika Energy is considering jointly investing US$2 billion with Taiwan-based Foxconn on electric vehicle (EV) manufacturing, batteries and energy storage, a top Indika executive told Reuters on Wednesday (Jul 20).

2022-07-20T11:56:18.000Z

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