Indonesian energy firm Indika weighs $2b EV venture with Taiwan's Foxconn

Indonesian energy firm Indika weighs $2b EV venture with Taiwan's Foxconn

Electric car | Photo: Bloomberg

Indonesia’s PT Indika Energy is considering jointly investing $2 billion with Taiwan-based Foxconn on electric vehicle (EV) manufacturing, batteries and energy storage, a top Indika executive told Reuters on Wednesday.

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