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Dream - President Joko Widodo (Jokowi) is optimistic that Indonesia can become the top country in the world in terms of electric vehicle (EV) industry. Jokowi believes that Indonesia has started to make its mark as a global player in the EV supply chain by operating the first and largest electric vehicle battery cell factory in Southeast Asia.
It is known that Jokowi has inaugurated the integrated ecosystem between the battery and electric vehicles owned by PT Hyundai LG Industry (HLI) Green Power in Karawang, West Java.
"I am confident that we will be able to win the competition against other countries. Because the mines are here, the nickel is here, the bauxite is here, the lead is here,"
Jokowi said in Karawang New Industry City, quoted from Liputan6.com, Wednesday, July 3, 2024.
"Then there is a smelter, entering the precursor, and entering the EV battery. Then the car factory is here. integrated within an ecosystem for electric vehicles,"
"add him."
The following is the translation of the given 'Bahasa' text to 'English' while preserving any HTML tags: "The prayer of Jokowi was affirmed by the Minister of Investment\/Head of the Investment Coordinating Board (BKPM), Bahlil Lahadalia. He mentioned Indonesia as the first country in the world to build an integrated electric car battery ecosystem from upstream to downstream."
"After our discussion, we asked whether there has been any development of a complete ecosystem for electric vehicle batteries, from mining to the actual vehicles, in the world. It turns out that there hasn't been any yet. Indonesia is the first to do this."
word Bahlil.
Bahlil explained that currently there are two major investors who have invested in the electric car battery project in the homeland. First, LG Consortium with an investment value of US$9.8 billion. "The total investment is US$9.8 billion, minus Hyundai's investment in cars, if the accumulation is around US$11-12 billion. This is the largest investment in one ecosystem in Indonesia, especially for electric car batteries up to the cars," he said.
Second, the Chinese consortium CATL is working on the electric vehicle battery project from downstream to upstream. "If both of these are already underway, I assure you, on the order of President, Indonesia will become a player in the electric vehicle battery ecosystem, especially those made from nickel," he said.
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