Indonesia Starts Construction of Southeast Asia’s First Electric Vehicle Battery Factory

[Indos]

Elon Musk will come to Indonesia soon

https://twitter.com/x/status/1518900571104702470

 

[Indos]

AlhamduliLLAH

View attachment 778000
President Joko "Jokowi" Widodo, center, converses with several people on the sidelines of HKML Indonesia's battery plant groundbreaking on Wednesday, Sep 15, 2021. (Photo courtesy of Presidential Press Bureau)

Indonesia Starts Construction of Southeast Asia’s First Electric Vehicle Battery Factory
BY :GRACE N. CHANDRA, NOVY LUMANAUW
SEPTEMBER 15, 2021

Karawang. President Joko "Jokowi" Widodo has broken the construction ground of the first electric vehicle battery factory in Southeast Asia, marking an important milestone in the country's drive to establish itself as a key global battery supplier.

HKML Indonesia, controlled by a consortium of South Korea’s companies and Industri Baterai Indonesia, a subsidiary of a state-controlled miner, will build and operate the $1.1-billion factory is located in Karawang New Industrial City, West Java.

"We are grateful today to witness the groundbreaking of the first electric vehicle battery factory in Indonesia, and the first in Southeast Asia, with an investment value of $1.1 billion," said President Jokowi on Wednesday.

The factory construction the government's objective to establish a downstream industry for the country's mining resources, especially nickel, Jokowi said. The era of exporting raw commodities was over, and Indonesia must strive to shift from the commodity-based economic structure to one with a strong downstream industry based on the development of technological innovation, he said.

"Indonesia’s current business strategy is to escape our dependence on countries exporting raw materials and their imported products by accelerating the revitalization of the processing industry. This will provide our industry with a higher value,” Jokowi said.

The first phase of development within the Karawang factory sees a battery production capacity of up to 10-gigawatt hour (GWh) per year.

“One factory will become operational in 2022 to produce 10-gigawatt hours of battery,” Toto Nugroho, president director of Industri Baterai Indonesia, told the audience in the 2021 Investor Daily Summit last July.

The factory would supply electric vehicles from Hyundai, a South Korean automaker. Hyundai was also the first company to announce plans for electric vehicle productions in Indonesia, with a $1.5 billion factory set up in Cikarang.

The groundbreaking followed to the Head of Agreements on battery investment project between Industri Battery Indonesia and the LG-led consortium in April 2021. LG Energy Solution, LG Chem, LG International, Posco, and Huayou Holding were all involved in the consortium.

The companies have the vision to build an integrated supply chain for lithium-ion battery production in Indonesia, from the mining of raw materials, smelting, refining, precursor, and cathode industries.

Bahlil Lahadahlia, the head of the Investment Coordinating Board (BKPM) said earlier that total investment for the integrated supply chain project could reach $9.8 billion.

The forerunner of the collaboration between Industri Battery Indonesia and the LG Consortium began in 2019 when President Jokowi and President of South Korea, Moon Jae In, met in Busan, South Korea.

After going through a series of assessment processes, negotiations, and service studies, the two parties finally agreed to sign a memorandum of understanding on December 18, 2020, in Seoul, South Korea.

Industry Battery Indonesia is a consortium of four prominent state-run mining and energy companies — Indonesia Asahan Aluminum (MIND ID), gold and nickel miner Aneka Tambang (Antam), energy company Pertamina, and utility firm Perusahaan Listrik Negara (PLN).

Indonesia Starts Construction of Southeast Asia’s First Electric Vehicle Battery Factory

The $1.1-billion factory is a joint venture between Indonesia's state-mining companies and South Korea’s LG consortium.

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AlhamduliLLAH

After the construction for battery pack factory in West Java, now LG Chem and state owned company ( IBC) will make EV battery components (precursor and cathode) in Batang industrial park, Central Java.

Expected the construction is started in May or June 2022

 

[Indos]

Batang Industrial Park, Central Java

 

[Indos]

Hyundai sees surge in IONIQ 5 purchase orders in Indonesia​

Industry 11:42 May 01, 2022

SEOUL, May 1 (Yonhap) -- Hyundai Motor Co. said Sunday it has bagged purchase orders for more than 1,500 of the all-electric IONIQ 5 in Indonesia within about a week after its official release in the Southeast Asian country.

The South Korean automaker clinched purchase deals for 1,587 vehicles in the first five days since its official release on April 22, Hyundai's sales unit in Indonesia said.

The amount of purchase orders marks double the number of entire EVs sold in Indonesia for all of last year, reflecting the growing popularity and demand in the country, according to Hyundai.

Hyundai also displayed the IONIQ 5 at the Indonesia International Motor Show that took place in Jakarta from March 31-April 10.

The IONIQ 5 crossover is sold at between 718 million and 829 million rupiah (US$49,600-57,300).
Last year, Hyundai sold 605 IONIQ and Kona EVs in Indonesia, representing 87 percent of the market share in the country.

Hyundai sees surge in IONIQ 5 purchase orders in Indonesia | Yonhap News Agency

SEOUL, May 1 (Yonhap) -- Hyundai Motor Co. said Sunday it has bagged purchase orders for m...

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[Indos]

(LEAD) Orders for Hyundai's IONIQ 5 soar in Indonesia​

All News 20:32 May 01, 2022
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SEOUL, May 1 (Yonhap) -- Hyundai Motor Co., South Korea's biggest carmaker, said Sunday it received more than 1,500 orders for its all-electric IONIQ 5 in Indonesia, less than a week after releasing the prices.

Hyundai Motor received 1,587 orders for the IONIQ 5 in Indonesia from April 22-27, more than doubling overall electric vehicle sales in the Southeast Asian country last year, the company said in a statement.

For all of 2021, carmakers operating in Indonesia sold a total of 693 EVs in the country, with Hyundai's IONIQ Electric and Kona Electric models accounting for 87 percent, or 605 units, Hyundai said, citing data from Indonesia's automotive industry association.

Hyundai Motor's all-electric IONIQ 5 is presented at the 2022 Indonesia International Motor Show that ran from March 31-April 10 in the Southeast Asian country, in this photo provided by Hyundai on May 1, 2022. (PHOTO NOT FOR SALE) (Yonhap)

The company unveiled the IONIQ 5 at the Indonesia International Motor Show held from March 31 to April 10 before receiving the orders.

The pure electric crossover is available for between 718 million and 829 million rupiah (US$49,600-57,300) in Indonesia.

The Indonesian automobile market has long been dominated by Japanese carmakers which currently claim a whopping 95 percent stake in the market.

To change the market landscape, Hyundai has focused on promoting its all-electric models.
Last month, Hyundai said it will produce the IONIQ 5 in Indonesia. It completed a 150,000 unit-a-year plant in the Deltamas industrial complex near Cikarang, 40 kilometers east of Jakarta, in December.

This file photo provided by Hyundai Motor shows its plant in Indonesia. (PHOTO NOT FOR SALE) (Yonhap)

IONIQ 5 is equipped with Hyundai Motor Group's EV-only electric-global modular platform (E-GMP) at its Indonesian plant for local sales.

Hyundai's other E-GMP models include the IONIQ 6 sedan and IONIQ 7 SUV set to be released this year and in 2024, respectively.

The Indonesian plant is already producing the compact Creta SUV, a strategic model for the region, and is expected to churn out the Santa Fe SUV in the first half and a small multi-purpose vehicle in the second half, Hyundai said.

Most of the vehicles to be produced in the plant will be sold in Indonesia and exported to Association of Southeast Asian Nations markets, it said.

Hyundai said it plans to invest 1.92 trillion won in the plant and increase its output capacity to 250,000 units.

The maker of the Sonata sedan and the Santa Fe SUV said it will help the Indonesian government in its plans to convert 130,000 units of public vehicles to electric ones by 2030.

"I hope that this IONIQ 5 from Hyundai will become an important milestone in the development of Indonesia's electric vehicle ecosystem, and further accelerate the electric car ecosystem that is more advanced," Indonesian President Joko Widodo said in the plant's inauguration ceremony in Cikarang on March 16.

Hyundai is also working with LG Energy Solution Ltd., South Korea's leading car battery maker, to build a battery cell factory in Karawang, Indonesia, with a target to start production in 2024.

It has seven domestic plants -- five in Ulsan, one in Asan and one in Jeonju -- and 11 overseas plants -- four in China and one each in the United States, the Czech Republic, Turkey, Russia, India, Brazil and Indonesia. Their combined capacity reaches 5.65 million vehicles.

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(LEAD) Orders for Hyundai's IONIQ 5 soar in Indonesia | Yonhap News Agency

(ATTN: RECASTS throughout; CHANGES headline and lead) SEOUL, May 1 (Yonhap) -- Hyundai M...

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[Indos]

AlhamduliLLAH

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China battery giant CATL joins US$6bil venture in Indonesia​

View attachment 834625
China battery maker CATL is joint-venturing with Indonesian firms to jump start the country's EV production aspirations. — AFP

• Friday, 15 Apr 2022
  5:00 PM MYT

China’s top battery producer plans to boost its presence in the aspiring electric-vehicle hub of Indonesia by partnering with local state-owned groups to build a US$5.97bil mining-to-batteries complex.

A unit of Contemporary Amperex Technology Co. Ltd. will join PT Aneka Tambang and PT Industri Baterai Indonesia on the project that spans everything from nickel mining to battery materials, recycling, and an EV batteries factory.

The Southeast Asian nation is aiming to become a major player in the electric-vehicle supply chain linked to its massive reserves of nickel, a vital battery material.

CATL already has some involvement in Indonesia, while Chinese firms including Tsingshan Holding Group play a major role in the country’s nickel sector.

"The Indonesia project is an important milestone for CATL as we expand our global footprint, and it will become an emblem of the everlasting friendship between China and Indonesia,” Robin Zeng, founder and chairman of CATL, said in a statement on Friday.

The project will be based in Indonesia’s North Maluku province. The joint venture still needs approval from the companies’ shareholders and from regulators. – Bloomberg

China battery giant CATL joins US$6bil venture in Indonesia

China battery manufacturing giant CATL is forming a joint-venture with Indonesian firms to jump start the country's EV production aspirations.

www.thestar.com.my

IBC Boss Opens Up CATL Plan for EV Battery Investment of IDR 85 T​

NEWS - Verda Nano Setiawan, CNBC Indonesia
11 May 2022 15:25

Jakarta, CNBC Indonesia - Indonesia Battery Corporation (IBC) conveyed that the continued collaboration with Contemporary Amperex Technology Co Limited (CATL) for the battery project is still ongoing. The Chinese company will even invest US$ 5.968 billion or Rp 85.3 trillion.


President Director of Indonesia Battery Corporation (IBC), Toto Nugroho admitted that he was fortunate enough to be able to collaborate with CATL in a collaboration with Antam and IBC. Especially in the construction of electric battery factories in Indonesia.

"So we are lucky that CATL is the biggest EV battery player in the world," he told CNBC Indonesia recently.



Moreover, according to Toto, the company's sales from the panda country last year almost reached US$ 7 billion. CATL also controls 80% of the battery market for electric vehicles (EV) in China.

"There are 3 big markets in Europe, China, America. But in terms of market share they are number 1 in the world in terms of production and market share in China and they are concerned about the acceleration of EV battery technology regarding their skills," he said.

To note, based on CATL's official statement, CATL cooperates with Antam through its grandson, Ningbo Contemporary Brunp Lygend Co., Ltd. (CBL).

CBL is a subsidiary of Guangdong Brunp Recycling Technology Co., Ltd (Brunp), where Brunp is a subsidiary of Contemporary Amperex Technology Co., Limited (CATL). CBL has signed a three-party framework agreement with Antam and IBC on Thursday (14/4/2022).

The collaboration is in the Indonesia EV Battery Integration Project, which includes nickel mining and processing, EV battery materials, EV battery manufacturing, and battery recycling.

"With a joint investment of US$ 5.968 billion, this project is located in the East Halmahera FHT Industrial Estate, North Maluku Province, Indonesia, as well as other places in the country," wrote CATL.

Bos IBC Buka-bukaan Rencana CATL Investasi Baterai EV Rp 85 T

Dirut IBC, Toto Nugroho mengaku cukup beruntung dapat menggandeng CATL dalam kerja sama bersama Antam, dan IBC

www.cnbcindonesia.com

 

[Indos]

 

[Indos]

Bappenas Proposes Phaseout of Gasoline Cars​

BY :HERMAN
JUNE 04, 2022

Jakarta. The National Development Planning Agency, or Bappenas, is proposing the phaseout of vehicles running on gasoline and diesel to pave way for the government’s net zero emission target.

The sales of fossil fuel-powered vehicles must be discontinued completely by 2040, according to the proposal being drafted by Bappenas.

“Under the net zero emission scenario, the share of electric vehicles in both public transportation and private ownership must reach 90 percent by 2055, and the rest should comprise hydrogen cars,” Arifin Rudiyanto, the agency’s deputy on maritime affairs and natural resources, said in a seminar in Jakarta on Friday.

The agency estimated that fossil fuel consumption in the transportation sector could reach up to 96 million kiloliters by 2030 from the current 77 million kiloliters.

On the other hand, local oil production is still below 47 million kiloliters.

“To meet the domestic demand, we have to import (fuels) that will eventually add pressures on the state budget and trigger deficit in the current account and the trade balance,” Arifin said.

Under its nationally determined contribution (NDC) pledge in the Paris Agreement, Indonesia aims to cut its greenhouse gas emissions by 29 percent on its own or 41 percent with international assistance by 2030.

Bappenas Proposes Phaseout of Gasoline Cars

The agency estimated that fossil fuel consumption in the transportation sector could reach up to 96 million kiloliters by 2030.

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[Indos]

LG begins building nickel processing plants in Indonesia​

The company plans to invest around $9.8bn to produce electric vehicle batteries in the country.

Jokowi in Batang industrial park, Central Java.


June 9, 2022



South Korean battery manufacturer LG Energy Solution (LGES) has started building two nickel processing plants in Indonesia, as reported by Reuters.

The work forms part of the company’s wider $9.8bn investment plan to produce electric vehicle batteries in the country.

LGES officials said that the company will invest $3.5bn to build a smelter, which will be equipped to produce 150,000t of nickel sulfate a year.

The company will also build a $2.4bn factory in Batang industrial park in Central Java, which will produce precursor and cathode.

These materials will serve as the main raw material for a planned 200GWh battery cell plant.

The facility will have an annual production capacity of 220,000t of precursor and 42,000t of cathode.

The battery cell plant is planned to be built with a $3.6bn investment in the industrial town of Karawang in West Java.

Reuters quoted LGES President Lee Bang-Soo as saying that the company would sign an agreement with Indonesian state miner Aneka Tambang (Antam) in September this year.

Under this agreement, the two companies will jointly invest in a nickel mine in the eastern island of Halmahera.

The $300m mine is expected to produce 16 million tonnes of nickel ore.

Indonesian President Joko Widodo said that Indonesia aims to become a producer of major nickel-based products and already has the world’s biggest nickel reserves.

In 2020, the country ceased nickel ore exports in an effort to attract foreign investment to develop its downstream industry.

Last year, LGES and Hyundai Motor Group began building a $1.1bn electric vehicle (EV) battery plant in Bekasi, West Java.

President Widodo said the plant was the first EV battery facility in South-East Asia and highlighted the government’s commitment to using its nickel resources to develop downstream industries.

LG begins building nickel processing plants in Indonesia

South Korean battery manufacturer LG Energy Solution (LGES) has started building two nickel processing plants in Indonesia.

www.mining-technology.com