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flag LG Energy Solution exits $8.45B battery project in Indonesia due to market conditions, investment climate.

flag South Korea's LG Energy Solution has pulled out of an $8.45 billion electric vehicle battery project in Indonesia, citing market conditions and the investment environment. flag Despite this, LGES will continue to explore opportunities in Indonesia through its joint venture, HLI Green Power. flag The move may lead to a reassessment of investment strategies in Indonesia's electric vehicle sector.

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