JAKARTA (The Jakarta Post/Asia News Network): Taiwan-based companies and local firms have inked an US$8 billion (Rp 114 trillion) investment deal to develop Indonesia’s electric vehicle ecosystem.
Foxconn, a contract manufacturer known for Apple’s iPhone, and Gogoro, an electric scooter and battery swap technology company, represent the Taiwan side in the deal, while coal giant Indika Energy and state-owned Indonesia Battery Corporation are the Indonesian side.
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