Coordinating Minister for Economic Affairs Airlangga Hartarto explained Indonesia's commitment to energy transition through cooperation with Japan, one of which is electric vehicle (EV) investment.
"There are already roadmaps (roadmaps) from Toyota and from several manufacturers in Japan, including Mitsubishi related to EV roadmaps," he said, quoting Antara.
In addition, he continued, Japan has also been involved in copper smelters that are included in the energy transition in the Asia Zero Emission Community (AZEC).
Indonesia and Japan are initiators in realizing the AZEC during the G20 Summit in Bali, November 2023.
The AZEC Summit in December 2023 resulted in 69 collaborations and 24 of them were cooperation between Indonesian and Japanese companies that had signed a memorandum of understanding for training in order to promote energy transitions, waste to energy, decarbonization, development of electricity transmission, geothermal energy. green ammonia, and others.
Airlangga said Indonesia currently has 38 nickel smelters with an investment value of 15.8 billion US dollars (Rp253.6 trillion) which contributed to exports of around 25 billion US dollars during 2023.
The Indonesian government, he said, is targeting 400,000 electric vehicles by 2030.
"Indonesia is very committed to the energy transition. We are working with Japan as Prime Minister Kishida said last night in a keynote speech that Indonesia will host a ministerial meeting in March and August," he said.
He said that his party has an expansion in Muara Laboh with an installed capacity of 80 megawatts and 60 megawatts of additional capacity. In addition, the hydropower of the Kayan River, Central Kalimantan with 1,375 gigawatts is said to be the source of the state capital's electricity supply (IKN).
Meanwhile, Honda Motor Co. announced that it will double its investment in electric vehicle technology from its previous plan to around 10 trillion yen (Rp1 quadrillion) for a period of 10 years to fiscal year 2030.
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Quoted from Kyodo, the investment aims to increase the competitiveness of the Japanese automaker with strong competitors from abroad such as Tesla Inc. and BYD China.
Honda is trying to increase the ratio of electric vehicles and fuel cell vehicles to 100 percent of its total new car sales by 2040.
Honda CEO Toshihiro Mibe said that the electric vehicle industry is still new, but in the long term the shift to these environmentally friendly vehicles will continue to run stably.
Investasi sebesar 10 triliun yen ini akan mencakup sekitar 6 triliun yen (Rp615 triliun) untuk membangun sistem pabrik generasi berikutnya dan memproduksi mobil baru, 2 triliun yen (Rp205 triliun) untuk penelitian dan pengembangan perangkat, serta 2 triliun yen untuk produksi baterai, kata perusahaan tersebut.
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