Indonesia says China firm plans to invest in lithium battery plant


JAKARTA (Reuters): China's Contemporary Amperex Technology (CATL) plans to invest US$5 billion in a lithium battery plant in Indonesia, Indonesia's deputy minister at the coordinating ministry of maritime and investment affairs said on Tuesday (Dec 15).

The lithium battery plant will start production in 2024, deputy minister, Septian Hario Seto, told a virtual briefing.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Indonesia , China , lithium battery plant , invest

Next In Aseanplus News

Trump-Xi summit shaped by uncertainty, not strategy: experts
South Korean President Lee to make state visits to India, Vietnam to bolster economic and supply chain ties
Asean News Headlines at 10pm on Thursday (April 16, 2026)
SpiceJet, Akasa Air aircraft collide while taxiing at New Delhi’s IGI airport; all passengers safe
One country, two realities that are completely misaligned, cautions Dr Wee over petrol, diesel prices
Attorney General’s Office to expedite auction of seized Iranian tanker in Batam, Indonesia
Two Bangladeshis jailed, caned for overstaying in Brunei
Dead Japanese boy’s stepfather allegedly confessed to killing, police say; victim’s body may have been moved repeatedly
Retired HK actress Rosamund Kwan, 63, steals hearts with ageless looks
Sri Lankan who saved crash pilots granted legal status in South Korea

Others Also Read