[Munich, Germany, 19th June] On 19 th June 2024, Munich, Germany, SUNOTEC and Huawei Digital Power signed a Memorandum of Understanding (MoU), to deepen their cooperation, with regards to the supply of innovative and reliable energy storage systems, while providing comprehensive technical support with regards to project execution in Germany.
[pdf] Indonesia, renowned for its vast nickel reserves, has inaugurated Southeast Asia's first EV battery manufacturing plant in Karawang, West Java. HLI Green Power, a joint venture between Indonesia Battery Corporation, Hyundai Motor and LG Energy Solution, owns this state-of-the-art facility.
[pdf] Wood Mackenzie notes that several top 20 manufacturers are planning to establish production facilities in Egypt, Oman, Saudi Arabia, Qatar, and the UAE. This move is driven by the need to diversify geographically amid rising trade tensions and market barriers globally.
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