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Automakers

Indonesia chases Renault, Volvo investment in electric vehicles

Renault says it will need to first conduct a feasibility study before deciding on investing in Indonesia. (Bloomberg)
EL
By:
Eko Listiyorini
|
B
By:
Bloomberg
April 10, 2019 06:42 AM

Indonesia is seeking investment from Renault and Volvo to make electric vehicles as the country targets battery-powered automobiles to account for a quarter of vehicle production by 2030.

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