Minister Bahlil Lahadalia said in a video statement Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with Vale, Ford, Huayou, French miner Eramet and several Indonesian firms such as Merdeka Gold Copper, the parent company of Merdeka Battery, and energy firm Kalla Group.
In addition, Bahlil said the partnership would consist of joint ventures or supplying raw materials.
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