Indonesia’s attempts to establish itself within international supply chains for electric vehicles is now well publicised. This is in part owing to the visible efforts of the Indonesian president, Joko Widodo (Jokowi). His administration included EV production in its National Masterplan for Industry 2015‑35 and specified EV infrastructure development in its National Medium-Term Plan 2020‑24.
The focus on EVs stems from Indonesia’s natural endowments. Indonesia has large proven reserves of nickel and cobalt, which are critical for EV battery production. Domestic supply of copper and bauxite is also ample, very profitable for electronics manufacturing in general.
Source: eiu.com