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☆ Indonesia is 'massively deploying' EV charging infrastructure: Indonesia Battery Corporation
  + stars: | 2023-07-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndonesia is 'massively deploying' EV charging infrastructure: Indonesia Battery CorporationToto Nugroho of the Indonesia Battery Corporation discusses what the country's government is doing to make electric vehicles more affordable for the average Indonesian.
Persons: Indonesia Battery Corporation Toto Nugroho Organizations: Indonesia, EV, Indonesia Battery Corporation
☆ Indonesia Battery Corp eyes surge in electric scooters sales on incentive plan
  + stars: | 2023-02-24 | by ( Fransiska Nangoy Bernadette Christina | Fransiska Nangoy | Bernadette Christina | ) www.reuters.com   time to read: +2 min
The government is aiming to reach 2 million sales of electric motorbike in 2025 as the Indonesia attracts billion of dollars of investment in processing its rich nickel reserves into battery materials. Indonesia sold less than 40,000 electric motorbikes between 2019 and 2022, while its total motorbike sales in 2022 alone were 5.22 million units, industry data showed. Now their (annual) electric motorbike sales have reached more than 30 million," he said. Indonesia's government is targeting as much as 300,000 units of electric motorbike sales for 2023. The plant would have 10 Gigawatt hour capacity which would be enough to power 200,000 electric cars or up to 2.5 million electric scooters.
☆ Investments in Indonesia's nickel industry
  + stars: | 2023-02-06 | by ( ) www.reuters.com   time to read: +4 min
Here are some of the major investment deals involving nickel in Indonesia:Jan. 2020: Indonesia bans exports of unprocessed nickel to attract investment in downstream processing. Dec. 2020: Indonesia's investment ministry signs an MOU with LG Energy Solution (373220.KS) on integrated EV battery investment with total investment of $9.8 billion. 2021: Indonesia establishes the Indonesia Battery Corporation (IBC), a joint venture of state owned enterprises to cooperate with foreign investors in developing an EV battery supply chain. Jan. 2022: Indonesia's Investment Ministry signs an MoU with Foxconn (2317.TW), Gogoro Inc, IBC and Indika Energy (INDY.JK) for investment in electric vehicle and battery development. Sept 2022: Vale Indonesia signs an agreement with Zhejiang Huayou to build a second plant to produce nickel MHP with 60,000 tonnes capacity.
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