article thumbnail

Mitsubishi to produce Minicab-MiEV in Indonesia in 2024; first local production of the vehicle outside Japan

Green Car Congress

Mitsubishi Motors will begin production of the Minicab-MiEV, a onebox kei–car-class commercial electric vehicle (EV), at PT Mitsubishi Motors Krama Yudha Indonesia (MMKI), MMC’s factory in Indonesia. Furthermore, this battery placement gives the vehicle a lower center of gravity, resulting in steering stability and ride comfort.

Indonesia 435
article thumbnail

Ford joins PT Vale Indonesia and Huayou in Pomalaa nickel project; offtake agreement

Green Car Congress

PT Vale Indonesia Tbk and China’s Zhejiang Huayou Cobalt Co. creating a three-party collaboration to advance more sustainable nickel production in Indonesia and help make electric vehicle batteries more affordable. This agreement is the continuation of PT Vale Indonesia’s Pomalaa Block ground-breaking last November.

Indonesia 259
article thumbnail

Benchmark Minerals: Indonesia set for five-fold increase in battery nickel supply

Green Car Congress

Supply of nickel intermediate MHP from Indonesia for batteries is set to rise five-fold this year, according to Benchmark Minerals’ Nickel Forecast. That’s expected to alleviate the rising demand for nickel in electric vehicle batteries.

Indonesia 243
article thumbnail

Foxconn to develop battery manufacturing and EV ecosystem in Indonesia

Green Car Congress

Hon Hai Technology Group (Foxconn), a global leader in smart manufacturing, signed a Memorandum of Understanding (MoU) with the Indonesian Ministry of Investment/BKPM, IBC, Indika, and Gogoro to develop jointly a battery manufacturing and electric vehicle ecosystem in Indonesia. —Bahlil Lahadalia, Minister of Investment.

Indonesia 186
article thumbnail

BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

Green Car Congress

trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. On the other hand, Indonesia also needs to consider measures to accelerate the growth of renewables within this decade.

Indonesia 195
article thumbnail

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
article thumbnail

Indonesia attracts investment as EV battery materials race heats up

Teslarati

Automakers and raw material extraction companies are flocking to Indonesia as the race to secure raw materials for EV batteries continues to heat up. Nickel is commonly used in multiple lithium-ion battery chemistries, including Nickel Manganese Cobalt (NMC) and Nickel Cobalt Aluminium (NCA).

Indonesia 103