JAKARTA - Minister of Industry (Menperin) Agus Gumiwang Kartasasmita ensured that the release of LG Energy Solution from the integrated nickel-based battery project in Indonesia would not affect the growth of the electric vehicle industry ecosystem.
Moreover, Agus assessed that currently the Chinese company, Huayou, has replaced LG to work on the project.
So that the development of domestic electric car batteries will continue to run according to plan and only change investors.
"In a large-scale business consortium or project, changing investors is a common thing," Agus said in a written statement, Thursday, April 24.
Agus said, so far there have been a number of electric vehicle battery companies that have been producing in Indonesia. Both for the production of electric motorcycle batteries, electric car cell batteries and pack batteries.
"The acceleration of development for the electric vehicle ecosystem in Indonesia is still running according to the planning and targets, especially since some have produced," said Agus.
According to Agus, there are already two companies that produce batteries for electric motors, namely PT Industri Ion Energisindo with a production capacity of 10,000 pcs of batteries per year and an investment of Rp. 18 billion, then PT Energi Selatan Baru which has a production capacity of 12,000 pcs of batteries per year and an investment value of Rp. 15 billion.
As for the electric car cell battery industry, there is PT HLI Green Power which is a consortium between the Hyundai Group and LG.
This consortium has a first phase capacity of 10 GWh with a total investment value of 1.1 billion US dollars.
"This battery cell industry will supply 150,000 to 170,000 units of electric motorized vehicles through PT Hyundai Energy Indonesia as the battery pack industry which has a production capacity of up to 120,000 packs of electric motorized vehicle batteries with a total investment of IDR 674 billion," he said.
Then in the cell battery industry there is also PT International Chemical Industry which has a production capacity of up to 100 MWh per year or equivalent to 9 million cells, with a total production capacity target of 256 MWh per year or the equivalent of 25 million cells.
As for the battery pack sector, apart from PT Hyundai Energy Indonesia, there are still other battery pack producers, namely PT Gotion Green Energy Solutions Indonesia, which has a total investment value of more than US$8.7 million with a production capacity of 17,952 units per year.
Meanwhile, in the downstream sector of electric vehicles, Agus said, his party is targeting the domestic automotive industry to produce 9 million units of two- and three-wheel electric motors and 600,000 units of cars and electric buses by 2030.
"Until now, in Indonesia, there have been 63 companies that produce two- and three-wheeled electric motorcycles, with a total production capacity of 2.28 million units per year and a total investment of IDR 1.13 trillion," he said.
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Then there are 9 companies that produce electric cars with a total production capacity of 70,060 units per year and an investment of IDR 4.12 trillion.
Furthermore, there are 7 companies that produce electric buses with a total production capacity of 3,100 units per year and total investments of Rp0.38 trillion.
"So, the total investment is IDR 5.63 trillion. This investment is what we need to protect, because it brings a multiplier effect to the economy. Including, the increase in the number of workers in Indonesia," explained Agus.
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