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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.

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

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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.

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Ford, LG Energy Solution, Koç Holding to form JV to build battery gigafactory in Turkey

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Ford Motor Company, LG Energy Solution and Koç Holding signed a non-binding memorandum of understanding (MoU) to form a new joint venture subject to final agreement by all the parties to create one of Europe’s largest commercial electric vehicle battery cell facilities near Ankara, Turkey. Earlier post.)

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Hyundai Motor Group and LG Energy Solution to build EV battery gigafactory in nickel-rich Indonesia

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Hyundai Motor Group (the Group) and LG Energy Solution have signed a Memorandum of Understanding (MoU) with the Government of Indonesia to establish a joint venture (JV) in Indonesia to manufacture battery cells for BEVs. billion into the JV to build a battery cell plant in Karawang, Indonesia.

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Tesla aims to build battery and EV plant in Indonesia

Teslarati

According to Indonesia’s Investment Minister Bahlil Lahadalia, Tesla agreed to build a battery and EV plan in Indonesia following Elon Musk’s meeting with President Joko “Jokowi” Widodo last weekend. God willing, Tesla will enter Indonesia this year,” said Bahlil in Jakarta. But I can’t announce the month yet.

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BYD Indonesia expected to launch new cars soon: Report

Teslarati

BYD—China’s top-selling company for new energy vehicles—plans to launch cars in Indonesia soon. According to Reuters , BYD plans to launch new vehicles in Indonesia next week. However, the launch hints that BYD might have some EV investment plans lined up in Indonesia. No other details were shared by the media outlet.

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

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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.