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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.

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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.

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

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The global net zero transition can represent a $3.5-trillion 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. trillion under the NZS.

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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).

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Tesla visits nickel plant in Indonesia for potential investment

Teslarati

Nickel Industries from down under has invited Tesla, Panasonic, Northvolt, and other automakers and battery suppliers to invest in its facilities in Indonesia. billion plan in Morowali, Indonesia and seeks investors like Tesla or Panasonic—companies with a strong presence in the EV industry. Nickel Industries aims to build a $2.3

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Tesla to bring ‘quite big’ investment to Indonesia for battery materials

Teslarati

Tesla is looking to bring a “quite big” investment to Indonesia in order to build a battery factory in the country, according to the country’s Senior Minister, Luhut Pandjaitan, who posted on Instagram today talking about a meeting with CEO Elon Musk. I’d love to chat!

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

Green Car Congress

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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