RI Races to Become a Key Player in Electric Vehicles

The era of electric vehicles is expected to arrive early, accelerated by consumer demand shifting to sustainable mobility.

Kompas/Heru Sri Kumoro

An electric car from the MG manufacturer exhibited at the 2021 Gaikindo Indonesia International Auto Show (GIIAS) automotive exhibition at ICE BSD, Tangerang, Banten, Sunday (11/21/2021). Various types of electric vehicles were exhibited by a number of manufacturers at this exhibition.

JAKARTA, KOMPAS — Indonesia has ambitions to become a key player in the electric vehicle (EV) industry in the global supply chain, while at the same time developing the domestic market in order to reduce carbon emissions. However, amid the exponential growth in the adoption of electric vehicles, Indonesia must race to pursue this ambition.

Indonesia's opportunity to become an important player in the global electric vehicle industry is considered large. In addition to possessing the main raw material sources for electric batteries, such as nickel, cobalt and manganese, Indonesia also has large market potential. Mining downstreaming and the development of electric vehicles will also encourage added value, create job opportunities, reduce dependence on imported fuel oil as well as reduce carbon emissions.