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"Taking into account various factors, including market conditions and investment environment, we have agreed to formally withdraw from the Indonesia GP (Grand Package) project. However, we will continue to explore various avenues of collaboration with the Indonesian government, centering on the Indonesia battery joint venture, HLI Green Power" - LG Energy Solution.

https://paultan.org/2025/04/22/lg-pulls-out-of-rm37bil-indonesia-ev-battery-project/