Indonesia Targeting a Total Transition into Electric Vehicles by 2060

- 18 November 2021 12:53 WIB
The Indonesian government is targeting the use of electric vehicles (EV) or electric vehicles, especially motorized vehicles as a whole by 2060. The increasing global demand for EVs will also increase the demand for nickel. The atmosphere at a level crossing today which is still filled with fossil fuel vehicles in Jakarta.
The Indonesian government is targeting the use of electric vehicles (EV) or electric vehicles, especially motorized vehicles as a whole by 2060. The increasing global demand for EVs will also increase the demand for nickel. The atmosphere at a level crossing today which is still filled with fossil fuel vehicles in Jakarta.

JAKARTADAILY.ID - Indonesia is committed to lowering its targeted emission levels by 2030 or sooner. Therefore, the government is targeting the use of electric vehicles (EV) or electric vehicles, especially motorcycles as a whole by 2060.

The increase in global demand for EVs will also increase the demand for nickel. In 2020, global primary nickel (Ni) demand is estimated to be around 2,250 kilo tons (kt) Ni. The battery sector is expected to be the most significant determinant of growth in nickel demand in the future.

"Demand for batteries is increasing as demand for EVs grows. By 2027 the world battery market will reach 777 GWh. Meanwhile, in Indonesia, it is estimated that the need for battery capacity will reach 9.8-11.9 GWh in 2029-2030," explained Coordinating Minister Luhut virtually at a webinar entitled "Investment Electrical Vechicles in Indonesia" on Wednesday, 17-11-2021.

On September 15, 2021, President Joko Widodo inaugurated the laying of the first stone for the construction of the PT HKML Battery electric car battery factory in Karawang. This plant has a stage 1 production capacity of 1-GWh which can produce around 150,000 batteries. The battery components come from NCMA (nickel, cobalt, manganese, and aluminum) which is 90 percent of nickel.

Global Supply Chain Hub

Luhut said that Indonesia has the potential to become a global supply chain hub for EVs because it has great mineral potential. Nickel, bauxite and copper are key minerals for EV development in Indonesia.

"A comprehensive investment is needed for the EV ecosystem in Indonesia. The EV ecosystem is very complex and large, consisting of raw materials, manufacturing, providing charging infrastructure, and so on,” explained Luhut.

The electric vehicle battery cell factory in Indonesia has a capacity of 10 GWh with a total investment value of US$ 1.1 billion (Rp 15.9 trillion). The construction of this factory is only part of the consortium's total project worth US$ 9.8 billion.

Luhut also said that in the near future he would visit Morowali to see the battery recycling process there.

It is known that the recycling capacity in Morowali in phase 1 is 20,000 tons/year and phase 2 is 40,000 tons/year. The Indonesia Morowali Industrial Park (IMIP) area has an area of ​​approximately 141,700 square meters with a total investment of USD 91 million.

Indonesia needs massive investment for the construction of battery recharging infrastructure. It is targeted for the construction of SPKLI in 2030 to reach 31,859 units and SPBKLU as many as 67,000 units. "We have (made) plans (regarding) your concerns about the charging infrastructure, so don't worry," he added.

Luhut also added that the commitment to climate change, the huge potential for nickel and other metallic minerals, as well as serious ambitions to realize an integrated electric vehicle industry from upstream to downstream, gives Indonesia a strong potential in building a global supply chain ecosystem for both the battery and vehicle industries. battery based electricity. Green investment is the main foundation to achieve it. (*)

 

Editor: Suksmajati Kumara

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