Pursuing EV Battery Standardization, IBC Boss Please Finish This Year

Electric Vehicle (Photo: Pexels)

JAKARTA - President Director of PT Industri Battery Indonesia or Indonesia Battery Corporation (IBC) Toto Nugroho revealed that his party hopes that the standardization of batteries for electric vehicles (EVs) can be completed in 2023.

The reason is, batteries are important components in electric vehicles and IBC acts as battery distributors to manufacturers in the electric vehicle ecosystem.

"The standardization of batteries is a must so that we can defloy all players. Because this is very important for consumers," he said in Jakarta, quoted on Saturday, March 11.

According to him, if the standardization of batteries is not appropriate, it will be burdensome for consumers of electric motors. For this reason, his party will also implement a battery management system so that there will be data integration and transactions through the application.

"Not only the battery, but the important thing is that we integrate the data. So how can transactions be done through applications. This is what we are preparing in terms of technology," continued Toto.

Previously in a Working Committee with Commission VI of the Indonesian House of Representatives in February, Toto revealed that his party needed Rp217 trillion to produce domestic batteries.

In addition, according to him, to have its own sales battery capability, it will take a lot of time and investment costs and it will take 4 years to get cell batteries from Indonesian nickel even though it has collaborated with the world's number 1 and 2 battery producers, the Contemporary Amperex Technology Co Limited (CATL) and LG Energy Solution Ltd (LGES).

"Although we have partnered number 1 and number 3 in the world, we will need almost 4 years to be able to get cell batteries from Indonesian nickel," he said in a panja quoted from Commission VI's Youtube channel, Saturday, March 11.

Just so you know, IBC collaborated with CATL and LGES on two end-to-end development projects for electric vehicle batteries that were confirmed through the signing of a framework agreement in March last year with a value of nearly Rp200 trillion.