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State-owned Indonesia Battery Holding to help build integrated EV industry in Indonesia; role of nickel

Green Car Congress

In Indonesia, state miners MIND ID (Mining Industry Indonesia) and Aneka Tambang (ANTAM); state utility Perusahan Listrik Negara (PLN); and state oil company Pertamina have agreed to form a new venture: Indonesia Battery Holding.

Indonesia 170
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SK On, EcoPro Materials and GEM to build battery precursor plant in South Korea

Green Car Congress

SK On will partner with Korea’s largest cathode material company EcoPro, and Chinese battery materials producer GEM to build a battery core material production facility in Saemangeum, South Korea. 50,000 tons of precursors can produce the cathode materials needed for batteries in about 300,000 units of 105 kWh electric vehicles.

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China’s CBL to invest $420 million in Indonesian nickel mining and EV battery manufacturing – Charged EVs

Baua Electric

Chinese EV battery company Ningbo Contemporary Brunp Lygend (CBL) has agreed to invest $420 million in Indonesia’s nickel mining and EV battery manufacturing industries. CBL is a consortium and a subsidiary of China’s Contemporary Amperex Technology (CATL). It’s been signed.

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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

How Electrifying Transport and Chinese Investment are Playing Out in Indonesia —focuses on nickel as a critical mineral, but has implications for the broader minerals and materials supply chains needed for broad-scale energy transition. This surge occurred mostly in China, driven by steel manufacturing.

China 416
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. With the current sales figures and the seductive future expectations, Southeast Asia has successfully attracted the attention of Chinese car companies.

Asia 97
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GlobalData: Russian nickel sanctions would slow electric vehicle adoption

Green Car Congress

As nickel is used in the production of EV batteries, any sanctions placed on Russian nickel will cause EV manufacturing prices to increase further, threatening adoption and decarbonization. Geopolitical issues such as the Russia-Ukraine situation disturb the fine balance of battery metal supply chains.

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Tesla’s Elon Musk will meet with Indonesian officials once again to discuss nickel

Teslarati

Tesla representatives traveled to Indonesia last week to discuss nickel production at a hub in the country, according to a report from Reuters. Luhut met with Musk in April to discuss Indonesia’s nickel mines at Tesla’s new Gigafactory Texas facility outside of Austin. “I “They will visit Morowali.