Seizing Indonesia''s Position in the Global Supply Chain of Critical
Indonesia needs 70,000 of lithium hydroxide annually, yet still imports the mineral from China, Australia, and Chile. The market dynamics of critical minerals also affect the
Indonesia needs 70,000 of lithium hydroxide annually, yet still imports the mineral from China, Australia, and Chile. The market dynamics of critical minerals also affect the battery supply chain in Indonesia.
Transport sector consumed 41% of total energy demand of Indonesia in 2020. Indonesia aims to deploy 15.2 million unit of EV by 2030 as one of mitigation measures to achieve 12.5% GHG emissions reduction target of energy sector under national self-effort. Battery plays a critical part in securing the supply chain of the EV industry.
Indonesia can capitalize on rapidly growing demand for lithium-ion batteries and EVs domestically and globally. 35 million battery electric two-wheelers and 1.5 million battery EV cars.
Indonesia, in fact, establishesseveral project portfolios for the development of EV battery ecosystems and integrated battery energy storage systems. The government unveiled its first EV manufacturing plant, generated from a joint venture between South Koreas' consortium and Indonesia Battery Corp (IBC).
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