Indonesia's Nickel Natural Resources Is The Largest In The World, Sri Mulyani Is Optimistic That Indonesia Will Be The Main Player In Electric Vehicle Batteries

Minister of Finance Sri Mulyani Indrawati. (Photo: Doc. Ministry of Finance)

JAKARTA - Minister of Finance Sri Mulyani Indrawati said Indonesia has great potential as a major player in the world in the Battery Electric Vehicle (BEV) industry. This is supported by the nickel resource reserves that Indonesia has.

As is known, Indonesia has the largest nickel natural resources (SDA) in the world. Nickel is a raw material for the battery industry and the development of electric cars.

Because of the abundant natural resources, said Sri Mulyani, Indonesia is considered the center of nickel. Even in several international articles describing a side of increasing dependence on nickel.

"Indonesia as a country that produces nickel with the largest reserves and production is clearly a country that is now the center of attention for the development of BEV", she said in an official statement, Tuesday, March 16.

For this reason, said Sri Mulyani, the Indonesian government is committed to taking advantage of technological trends that are predicted to increase in the future. Moreover, now the world community's awareness of the environment is increasing.

"So, we began to talk about the trend of motor vehicles undergoing a very fast transformation, especially changing from fossil fuels to renewable fuels or what is known as a battery-electric vehicle which is expected to dominate all motorized vehicles around the world", she said.

The Indonesian government is also committed globally to climate change by reducing the amount of greenhouse gas or CO2 emissions. For this reason, the government seeks to reduce emissions from the transportation sector by encouraging the development of the electric-based motorized vehicle industry sector.

"We will reduce 29 percent of our CO2 emissions by ourselves or we will reduce CO2 by 41 percent by 2030 if there are international support and collaboration. We will build and continue to improve the competitiveness of the battery-based automotive industry", she explained.