Electric Vehicle Battery Production in Indonesia Expected to Start Next Year
The development of electric vehicle ecosystem will protect Indonesia’s large domestic market from foreign products.
JAKARTA, KOMPAS.com – Indonesia will start to produce batteries for electric vehicles early next year, said the country’s Investment Minister Bahlil Lahadalia. The statement was made after Bahlil attended a limited cabinet meeting on electric vehicle ecosystem development chaired by President Joko “Jokowi” Widodo at the Merdeka Palace Friday, January 13. “Based on the plan, the production [of electric vehicle batteries] will start in the first half of 2024 and it will be developed by South Korea’s LG in Karawang,” Bahlil said in a press statement issued by the Cabinet Secretariat. “Secondly, t...