Hyundai Motor chief vows to cooperate on EVs with Indonesia

Asia's Tech News Daily

Hyundai Motor chief vows to cooperate on EVs with Indonesia
Hyundai Motor Group Chairman Chung Euisun (left) poses with Indonesian President Joko Widodo, next to Hyundai Motor’s Electrified G80 at the Jakarta International Expo Convention Center in Jakarta, Indonesia, Monday. (Hyundai Motor)
Hyundai Motor Group Chairman Chung Euisun vowed to cooperate with the Indonesian government in establishing an electric vehicle ecosystem there, during his visit to the Southeast Asian country on Monday.

Attending a government briefing event — “Future EV Ecosystem for Indonesia” — Chung presented the future vision of his automotive group and plans to cooperate with the Indonesian government to expand its business there, according to Hyundai Motor.

“Hyundai Motor Group will support vitalization of Indonesia’s electric vehicle ecosystem and also actively cooperate on development of charging infrastructures and battery recycling technology, so that related industries can lead growth in the future,” Chung said at the event, held at the Jakarta International Expo Convention Center in the north of the Indonesia capital.

At the event, where the government presented the country’s electric vehicle implementation road map, Indonesian President Joko Widodo and Indonesian government officials were to be present, along with South Korean Ambassador to Indonesia Park Tae-sung.

Chung arrived in Indonesia on a private jet the day before, after his visit to the United States where he checked on the company’s mobility businesses there.

Indonesia has the largest car market in the Southeast Asian region, and the government is also actively pursuing electrification policies to foster the electric vehicle industry there. Hyundai has built a car manufacturing plant, and construction for a joint battery cell factory with LG Energy Solution is planned as well.

“With unsparing support from the Indonesian government, we have completed the construction of a manufacturing plant (in Indonesia) and are set to start EV production next year, and we have also finished the preparation to break ground for our envisioned EV battery cell factory here,” Chung said.

At the event, Chung vowed to carry out various cooperative programs in Indonesia to foster technologies and pursue growth with Indonesia, and also suggested the Indonesian government work together on fostering the hydrogen fuel-cell vehicle industry, according to Hyundai Motor.

Before the start of the main event, Chung and Widodo viewed Hyundai’s electric vehicles, including the Ioniq 5 and the electrified G80, and the automaker’s rapid-charging system E-Pit, which was displayed at the venue, Hyundai Motor said.

In cooperation with LG Energy Solution, Hyundai Motor Group has invested $1.1 billion to build a 10-gigawatt-hour battery cell manufacturing plant in Karawang New Industry City in Indonesia.

The joint factory, being built on a site that totals 330,000 square meters, is set for completion in the first half of 2023.

The two companies have set up a joint venture for the battery cell project, with each owning a 50 percent stake.

The mass production of battery cells is expected to start in the first half of 2024.

Hyundai Motor has established its first finished car production facility in Southeast Asia, in Bekasi, just east of Jakarta.

The automotive plant will start manufacturing Hyundai‘s internal combustion engine vehicles from January, and the company is also reviewing the production of electric vehicles there from March, the automaker said.

In his trip to the US, Chung visited Hyundai’s US corporate sales headquarters in Los Angeles, and also inspected the Alabama production plant.

By Jo He-rim (herim@heraldcorp.com)

Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

Samsung Galaxy A73 release date: 108MP main camera, Snapdragon 7-series chip, and design renders appear in new leak

Samsung Galaxy A72 | Photo credit: Đức Trịnh on Unsplash Renders allegedly showing the design of the upcoming Galaxy A73 surfaced recently, and it appears that Samsung is not planning a significant redesign. ... Read more »

NUHS testing AI, AR to help nurses locate hard-to-find veins in some patients

The AI software allows an augmented reality headset to detect a patient’s veins and superimpose digital images of the blood vessels over his arm in real time. SINGAPORE – The ... Read more »

The best photo gifts for Christmas 2021

Photo gifts come in all different shapes and sizes, from personalized t-shirts, mugs and mouse mats, to more traditional photo books. Essentially you can take any photo on your camera, ... Read more »

Zoom could owe you a pay-out after court ruling over privacy breaches

Zoom has settled a class-action lawsuit that alleged the company was in breach of privacy laws and put its users’ data at risk. As a result, it now needs to ... Read more »

Technics EAH-AZ60 review

30-second review It’s a confident or foolish company that enters the mid-range true wireless fray. Happily, Technics is the former, and where the EAH-AZ60 are concerned, it has every right ... Read more »

Omicron: better to be safe (and quick) than sorry

People Image Studio/Shutterstock On discovering the omicron variant, many countries moved quickly to impose travel restrictions and other public health measures, such as compulsory mask wearing. But, given the lack ... Read more »

Rumor: A new Matrix game may come to the PS5

Alongside the new The Matrix Resurrections movie, there’ll be a tie-in game called Matrix Awakens that’ll be developed using Unreal Engine 5 and will release on the PS5, according to ... Read more »

Best open source software 2021

The best open source software makes it simple and easy to do common computing tasks without having to pay for a subscription or license fee, for everyone from home to ... Read more »

AnTuTu reveals best smartphones of November, Snapdragon 888 chip reigns supreme

AnTuTu recently shared its list of best-performing smartphones in the month of November along with that of best mid-range phones. In the flagship segment, the list was dominated by the ... Read more »

There's an MCU of Battlefield games coming, but can Respawn's boss save it?

EA DICE’s recently-released Battlefield 2042 hasn’t gotten off to the best of starts, with bugs and issues plaguing the game even after a few patches. But that hasn’t stopped EA ... Read more »

Psst: This Amazon Fire HD 10 tablet bundle is an absurd $90 right now

Yahoo Life has received compensation to create this article, and receives commission from purchases made via links on this page. Pricing and availability are subject to change. Take your pick ... Read more »

What is Salesforce Service Cloud

What is Salesforce Service Cloud? Salesforce Service Cloud a customer relationship management (CRM) platform for customer service and support. It could be one component of an overall Salesforce CRM package ... Read more »

The new Google Pixel watch might be the next-gen Fitbit we've been waiting for

Google is planning to release its first branded smartwatch next year, according to inside sources – and it might actually be a Fitbit. Business Insider, which first broke the story, ... Read more »

Employees say passwords are preventing them from doing their jobs

Passwords are a major hindrance to productivity, as people regularly forget their credentials and get locked out of their computers and apps. Often, it takes employees hours to get back ... Read more »

Pokémon Go players rejoice over iPhone frame rate upgrade

Niantic has updated the iOS app of Pokémon Go to make better use of native frame rates on iPhone – and the results are gorgeous. The latest update (version 1.191.0) ... Read more »

Moto G51 5G India launch officially teased by Motorola

Motorola announced five smartphones for international markets last month. Out of those smartphones, the company launched the Moto G31 earlier this week and now the company is gearing up to ... Read more »

Real Musk fanboys travel to their funeral in a Tesla hearse

At SHIFT, we get up close and personal with many Tesla fans. For most, it’s an all-encompassing passion where their car and “The Cult of Tesla” play a big part ... Read more »

Video: Does Spotify have a problem with hate speech?

Spotify's podcast library is filled with all kinds of shows, from true crime to comedy. But the company has removed nearly 150 hours of content after a Sky News investigation uncovered antisemitic, racist and white supremacist material among them. Read more »

S. Korea voices concerns about Japan's Fukushima water release plan

SEOUL, Dec. 3 (Yonhap) — South Korea on Friday expressed concerns over Japan’s assessment report about its planned release of radioactive water into the sea from its crippled Fukushima nuclear ... Read more »

Sky Glass review: does the broadband provider's new TV launch live up to the hype?

(Sky) Not content with being just an internet or TV provider, Sky has ventured into devices with its latest launch. Europe’s leading media and entertainment company has unveiled the Sky ... Read more »

Google ethical AI co-lead Timnit Gebru launches own research project

(Image Courtesy- Getty Images via AFP/Kimberly White) Dr Timnit Gebru, artificial intelligence (AI) researcher and ex-co-lead at Google‘s ethical AI research team has started her own research institute, The Distributed ... Read more »

Vivaldi introduces world's first mobile browser with two rows of tabs

Vivaldi is trying to lure in as many Android users as it can with its most recent mobile browser update. Vivaldi 5.0 is the first mobile browser in the world ... Read more »

A simple bypass made Box's multi-factor authentication redundant

Cybersecurity researchers have helped fix an issue with Box that could have been exploited to bypass multi-factor authentication (MFA) for accounts that relied on authenticator apps such as Google Authenticator. ... Read more »

Crime prediction software promised to be free of biases. New data shows it perpetuates them

This article was by Aaron Sankin, Dhruv Mehrotra for Gizmodo, Surya Mattu, and Annie Gilbertson and was republished under the license.  Between 2018 and 2021, more than one in 33 ... Read more »

Black Friday may be over, but these Apple AirPod deals are still running

Apple AirPods are still the must-have headphones (Getty) Yahoo Entertainment's editors are committed to independently selecting wonderful products at great prices for you. We may receive a share from purchases ... Read more »

Xiaomi 11T Pro may launch in India soon, appears on Bluetooth SIG certification site

Xiaomi 11T Pro was launched in Europe earlier this year along with Xiaomi 11T. The smartphone is now tipped to launch in India soon as it has been spotted on ... Read more »

S'pore to build third national supercomputer for Covid-19, other healthcare research

SINGAPORE – The Republic is building its third national supercomputer to advance research in Covid-19 and other areas in healthcare. The new supercomputer is so fast it is expected to ... Read more »

Forget the Steam Deck – gaming Chromebooks with Steam support could be coming soon

You may not think of the humble Chromebook as a gaming device, but that could change, as it looks like official support for Steam in Chrome OS is coming soon. ... Read more »

Pigs beaten and cut without pain relief on farm linked to Tesco, Sainsbury, Morrisons and Asda

Pigs were beaten, mutilated and kept in “squalid” conditions on a French farm linked to Tesco, Sainsbury’s, Morrisons, Asda and Iceland, investigators say. Undercover footage suggested some animals were suffering ... Read more »

Why Nvidia's $80B deal to buy ARM is in jeopardy

The US Federal Trade Commission (FTC) has filed a lawsuit against graphics card giant Nvidia to block its deal to purchase ARM. Before we take a look at why FTC‘s ... Read more »

Moto G51 likely to be launched in India on December 10: All you need to know

Earlier this week, Motorola launched the Moto G31 in India. Now, the Moto G51 might be on its way. The Moto G51 could be unveiled in India as early as ... Read more »

Paper Mario N64 game release is Nintendo Switch Online at its best – and worst

Nintendo has revealed that Paper Mario will be the next N64 game to come to its Switch Online Expansion Pack service on December 10. The classic RPG was extremely well ... Read more »

Look upon the Steam Deck packaging and despair

Valve’s Steam Deck may have been delayed until February 2022, but you can start taking in the sight of its packaging right now. The handful of teaser images shows the ... Read more »

Xiaomi 12 design leak shows another cyclops-like smartphone

For a while the Xiaomi 12 wasn’t leaking much, even though it’s expected to launch in December – that’s no longer the case, and the anticipated Android phone is starting ... Read more »

Nubia Red Magic 7 with 165W charging support reportedly gets 3C certification

Nubia Red Magic 7 smartphone has reportedly received the 3C certifications hinting at imminent launch. According to a post by Digital Chat Station on Weibo, the upcoming flagship smartphone from ... Read more »

Reliance Jio increases prices of these three all-in-one JioPhone plans

Reliance Jio has revised its JioPhone all-in-one plans. The revision comes days after the telco increased the price of its prepaid mobile plans. The Mukesh Ambani-owned company has now hiked ... Read more »

Best transcription services in 2021

The best transcription services make it simple and easy to allow for the large-scale use of speech-to-text. Best transcription services Click the links below to go to the provider’s website: ... Read more »

One of the best VR games gets a sequel next year – but where does PSVR 2 fit in?

Moss: Book 2 is coming next year, meaning we’re getting a sequel to one of the best PSVR games ever made. The original Moss made a splash on PSVR when ... Read more »

Elon Musk now controls more than a third of all active satellites as SpaceX breaks rocket launch record

A live satellite orbit visualisation captured on 1 December, 2021. A string of SpaceX Starlink satellites can be seen crossing the Indian Ocean off the coast of Madagascar (CelesTrak) The ... Read more »

You can now test WordPress 5.9 before its official release

A new version of WordPress that’s currently under development, WordPress 5.9, is now available in beta for testing purposes. Given WordPress 5.9 Beta 1 is not a stable release, the ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic