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China’s CNGR, Rigqueza Build Nickel Matte Plant in Indonesia

JAKARTA (TheInsiderStories) - Chinese electric vehicle (EV) battery maker, CNGR Advance Material Co., and Singapore-based Rigqueza International Pte. Ltd., set up a nickel matte for lithium battery...

Indonesia Battery Corporation Officially Established

JAKARTA (TheInsiderStories) - State own enterprises (SOEs) ministry officially set up the Indonesia Battery Corporation, a joint venture company owned by PT Aneka Tambang Tbk (IDX:...

Indonesia has Potential to Grab US$17B in the Lithium Battery Projects

JAKARTA (TheInsiderStories) - Indonesia has potential to grab new investment in the lithium battery for electric vehicle (EV) projects up to US$17 billion, said the official...

LG Energy, SOEs Build EV Industrial Centre in Indonesia

JAKARTA (TheInsiderStories) - Indonesia will soon have the first integrated electric vehicle (EV) battery cell industrial center, after the South Korean firm, LG Energy Solution Ltd.,...

Grab Indonesia Targeting to Operates 26,000 EVs in 2025

JAKARTA (TheInsiderStories) - Grab Indonesia has a big ambitions to develop the electric vehicle ((EV) ecosystem in Indonesia. According to the plan, until 2025, the tech...

Japan’s Toyota Prepares US$2B to Build EV Plant in Indonesia

JAKARTA (TheInsiderStories) - Japan' auto-maker, Toyota Motor Corp., is preparing an investment fund up to US$2 billion in indonesia until the next five years, said the...

Supporting EV Development, PLN Partnering with Hyundai to Grab

JAKARTA (TheInsiderStories) - Power producer, PT Perusahaan Listrik Negara (PLN) signed a memorandum of understanding with South Korea Hyundai Motor Co., China' Wuling Motors, Malaysia' Grab...

South Korea’s LG Chem to Signs US$20B Lithium Battery Project This...

JAKARTA (TheInsiderStories) - The South Korean battery giant, LG Chem Ltd., to sign a joint investment agreement to develop nickel become lithium battery for electric vehicle...

Tesla Getting Closer to Build Lithium Battery Plant in Indonesia

JAKARTA (TheinsiderStories) - An American electric vehicle (EV) and clean energy firm, Tesla (NASDAQ: TSLA), has almost reached an agreement to build a battery factory in...

Indonesia’s IMIP Plans to Go IPO, Needs US$3B Investment

JAKARTA (TheInsiderStories) - A mining industrial zone' manager, PT Indonesia Morowali Industrial Park (IMIP) plans to list its shares in 2021, said the management yesterday....

China, South Korean Investors to Build Lithium Battery Plant

JAKARTA (TheInsiderStories) - Two world largest lithium battery producers for electric vehicle (EV), Contemporary Amperex Technology Co. Ltd., from China and LG Chemical Ltd., from South Korea,...

ANTAM, PLN, Pertamina Forms Indonesia Battery Holding

JAKARTA (TheInsiderStories) - State-run firms, PT Aneka Tambang Tbk (IDX: ANTM), PT Perusahan Listrik Negara (PLN), and PT Pertamina, plans to form a new venture...

Vale Indonesia Revises Up Nickel Productions to 73,700 MT in 2020

JAKARTA (TheInsiderStories) - Nickel producer, PT Vale Indonesia Tbk (IDX: INCO), has revised its production targets to 73,700 metric tones (MT) nickel in matte from...

More Investor Invests in Indonesia’s Lithium Battery Projects

JAKARTA (TheInsiderStories) - The industry ministry had accept various investment commitments in the lithium battery projects in Indonesia. PT QMB New Energy Minerals has commit to invest...

Hyundai, LG Chemical to Set Up EV Factory in Indonesia

JAKARTA (TheInsiderStories) - Two major firms, Hyundai Motor Group and LG Chemical are working to set up an electric vehicle (EV) battery plant in Indonesia, South...

Indonesia, Hyundai Signs Investment Deal US$1.5B

JAKARTA (TheInsiderStories) - Indonesian government and Hyundai Motor Co., (HMC) signed an investment deal US$1.5 billion to build electric vehicle factory in Cikarang, Bekasi, West...

Hyundai to Invests US$1B for EV Project in Indonesia

JAKARTA (TheInsiderStories) - Indonesia will sign an investment agreement with South Korea' Hyundai Motor Company regarding the electric vehicle (EV) industry in the country. The company...

China Molybdenum Buys 30% Huayeu Shares in Indonesia

JAKARTA (TheInsiderStories) - China Molybdenum Co. (CMOC) through its financial arm W-Source planned to take an indirect 30 percent stake in an Indonesian project own by...

Toyota Produces EV Car, Indonesian Gov’t Regulate Tariff

JAKARTA (TheInsiderStories) - Local car maker, PT Toyota Motor Manufacturing Indonesia (TMMIN) is ready to start electric vehicle (EV) production at its factory located in...

Widodo Signs Regulations to Boost Electric Vehicle Industry

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo has signed presidential decree on the electric vehicle (EV), to prompt investors immediately start the industry.The decree contained...

US’s Tesla Looks to Build Lithium Battery Factory in Indonesia

JAKARTA (TheInsiderStories) - United States' electric vehicle maker Tesla Inc. (NASDAQ: TSLA) is looking to build a lithium battery raw material factory in Indonesian...

Indonesia Invites Apple, Huawei, Samsung to Establish Factory

JAKARTA (TheInsiderStories) — After the Apple assembler Pegatron Corp.’ steps to invest in Batam, Riau Islands province, Indonesia also invited United States' Apple Inc.,...

Insight: Indonesia Concern to Develop Electric Car

JAKARTA (TheInsiderStories) – The Indonesian government is taking the necessary steps toward developing and producing electric vehicles in the future. The policy laws should...

Indonesia’s Pertamina Eyes Lithium Battery Market

JAKARTA (TheInsiderStories) - Indonesia’s energy producer, PT Pertamina aims to be the biggest lithium battery producer in the country, said one official on Thursday (11/29). For...
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