LG Energy, Hyundai battery partnership will boost Indonesia strategic presence in EV market

Following the news that Hyundai Motor Group has teamed up with LG Energy Solution to build an electric vehicle (EV) battery cell manufacturing joint venture (JV) with US$1.1bn investment in Indonesia; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Indonesia, which has reserves of nickel […]

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Tesla to sustain growth momentum in coming years as it innovates faster than rivals: global data

Tesla is the automaker of the future with its transformation towards smarter and cleaner mobility globally. The company’s innovation-driven approach and its high expenditure on capital ensures that it stays ahead of its peers. A continuing focus on new product development and product scaling, along with its plan to enter emerging markets, such as India, […]

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