Indonesia Ready to Produce EV Batteries in April, Exported to Korea-India

The Ministry of Investment or the Investment Coordinating Board (BKPM) revealed that Indonesia will soon produce battery cells through the PT HLI Green Power factory with a capacity of 10 Giga Watt hour (GWh), the first in Southeast Asia. Special Staff for Regional Relations at the Ministry of Investment, Tina Talisa, revealed that the first battery cell factory in Indonesia will start the first phase of production in April 2024.

Later, 90% of the battery cell products will be exported to Korea and India. “In April, the HLI Green Power factory will start mass production and more than 90% of the products produced will be exported, especially to Korea, then to India,” he said on the official Instagram account of the Ministry of Investment, quoted Thursday (29/2/2024).

Meanwhile, he revealed that after the factory carries out its operational activities, the second phase of production is also targeted to start in 2024.

In the future, with a capacity of 10 GWh, if it has maximum production, it will produce 32.6 million battery cell units. “The battery cells produced in this factory are 81 Ampere hours or 300 watthours. From the full capacity, 10 GWh will produce 32.6 million cell units. battery,” he explained.

Tina revealed that the materials used to produce domestic battery cells are nickel, manganese, cobalt and lithium.

Apart from that, he said that more than 90% of the workforce working at the battery cell factory were local Indonesian workers. “Most of the workers who work at this company are more than 90% local Indonesian workers, including young engineers,” said Tina.

February 29, 2024, CNBC Indonesia