Toyota Indonesia Partners with CATL for EV Battery Manufacturing

Toyota Motor Manufacturing Indonesia (TMMIN) has partnered with CATL to develop an EV battery manufacturing facility in Indonesia, investing Rp1.3tn ($75.8m) to support the country's EV ecosystem. The collaboration aims to enhance domestic industrial capabilities and position TMMIN as the first Toyota subsidiary in Southeast Asia to export batteries overseas starting in H2 2026.

By GlobalData Tue, April 21, 2026 at 12:11 PM GMT+3 2 min read · Yahoo Finance · April 21, 2026, 09:11 UTC

Topics: Battery Manufacturing Electric Vehicles Strategic Partnerships Supply Chain Development

Read the full article at Yahoo Finance

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