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Feb 5, 2024, 3:44 am261 pts
Digitimes
As China-based BYD announced a US$1.3 billion investment in Indonesia, Hyundai Motor, which sees the country as a critical market, will likely take a countermeasure. The South Korean automaker will reportedly grow the production capacity of a battery plant built with LG Energy Solution (LGES) in the area.
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