Invite Investors To Build Electric Vehicle Battery Industry In Indonesia, Bahlil: Much Cheaper
JAKARTA - Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia invites investors to enter and develop an electric vehicle battery ecosystem in Indonesia.
Bahlil said Indonesia has a number of advantages compared to other countries. Among the 4 raw materials for electric vehicle batteries, he said, Indonesia has resources such as nickel, cobalt and manganese. Meanwhile, Indonesia is one of the countries with the largest nickel reserves in the world
"It will be much cheaper for the production costs than you people to build elsewhere. The nickel raw materials must be much cheaper," Bahlil said on the International Battery Summit agenda in Jakarta, Tuesday, August 5.
To meet the supply of battery raw materials that Indonesia does not yet have, such as lithium, he continued, Indonesia has collaborated with Australia. Thus investors do not need to worry about the supply of raw materials for electric vehicle batteries.
On the other hand, Indonesia is also still fully committed to net zero emissions in 2060 so that the government continues to encourage the use of electric vehicles to reduce emissions. For this reason, Bahlil ensures that investors do not have to worry about industries and markets that will absorb the batteries that have been produced.
Moreover, he said, the government is pushing 120 million units of two-wheeled motorcycles to convert.
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"So ladies and gentlemen, there is no reason in my opinion not to make efficient investments in Indonesia. The market is there, the raw materials are there, the ecosystem is already there, the new and renewable energy is already there," said Bahlil.
Bahlil further added that if the government targets the construction of solar power plants (PLTS) integrated with the Red and White Village Cooperative by 100 GW. According to him, the construction of PLTS in each Kopdes will certainly be accompanied by the need for storage batteries so that the market for batteries will be wider.
"Because we will use electric trucks, we will use electric motorbikes. At the same time, this is to encourage energy transition and energy sovereignty," said Bahlil.