Toyota Indonesia subsidiary reaches cooperation with CATL on electric vehicle battery production
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```htmlGolden Ten Data, April 22 — Toyota Motor Manufacturing Indonesia (TMMIN) recently announced a partnership with Contemporary Amperex Technology (CATL) for electric vehicle battery production in Indonesia. Toyota Motor Manufacturing Indonesia will invest 1.3 trillion Indonesian rupiah (approximately 12 billion yen) to support Indonesia in strengthening the construction of the electric vehicle industry ecosystem, including the battery supply chain from upstream to downstream.```
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