Japan To The US Will Become An Offtaker For Electric Vehicle Batteries From Karawang Factory
JAKARTA - President Prabowo Subianto inaugurated the groundbreaking of an integrated electric vehicle (EV) battery factory belonging to the Contemporary Ampherex Technology Co. Ltd (CATL) consortium with IBC and Antam in Karawang.
President Director of Indonesia Battery Corporation Toto Nugroho said that the factory, which has a battery production capacity of up to 15 GWh, already has off-takers or battery buyers from various countries such as America, countries in Europe, Japan, and India.
"If we look at the current conditions, around 30 percent are exported. However, it will definitely change from year to year," Toto said, quoted on Monday, June 30.
With a total export of only 30 percent, Toto said, most of the production of batteries will be absorbed for industrial needs in the country.
"So, there are already some direct off-takers. Many are in Indonesia," added Toto.
Nevertheless Toto was reluctant to specify which names of companies were offtakers for batteries in the country because they were still at the stage of the agreement with the Contemporary Amperex Technology Co. Limited (CATL)
For information, the Integrated Electric Battery Industry Ecosystem Project of the Antam-IBC-CBL Consortium is the world's first integrated nickel-based battery ecosystem and largest in Southeast Asia. This ecosystem starts from nickel mining in East Halmahera to the production of electric vehicle batteries in Karawang.
SEE ALSO:
This project is part of the National Strategic Project (PSN) with an investment value of 5.9 billion US dollars and covers an area of 3,023 hectares and is able to absorb 35,000 direct workers, local economic growth, and 18 multifunctional dock infrastructure projects.
Overall, this project will have an electric vehicle battery production capacity of 6.9 GWh which will then be increased to 15 GWh. This will strengthen Indonesia's position as the largest electric vehicle battery producer in Southeast Asia. Later, the integrated electric battery industry is projected to supply batteries for 300,000 vehicles that can reduce fuel imports by 300,000 kiloliters per year.