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Indonesia Enters New Chapter as Global Player in Electric Vehicle Ecosystem: Jokowi

 


Jakarta (ANTARA) – Indonesia has entered a new chapter as a global player in the electric vehicle (EV) ecosystem through the inauguration of the battery and electric vehicle ecosystem in the country, President Joko Widodo (Jokowi) said.

“Today, we have started a new chapter in our milestone to become a global player in the electric vehicle and battery cell ecosystem,” he said during the inauguration of the South Korean battery and electric vehicle ecosystem in Indonesia at PT Hyundai LG Indonesia (HLI) Green Power, Karawang, West Java, Wednesday.

According to Jokowi, Indonesia has abundant natural resources that were exported only as raw materials without added value.

The President noted that with the construction of a smelter and battery cell factory for electric vehicles, Indonesia will become an important international player in the global electric vehicle supply chain.

“We need to become a global player in the electric vehicle supply chain. This has already started, and this is the first and largest electric vehicle battery cell factory in Southeast Asia,” Jokowi stressed.

Also present to accompany the president were Presidential Chief of Staff Moeldoko, Coordinating Minister for Maritime Affairs and Investment Luhut Panjaitan, Investment Minister Bahlil Lahadalia, State-Owned Enterprises Minister Erick Thohir, Industry Minister Agus Gumiwang and Acting Governor of West Java Bey Machmudin.

At the same time, Minister Panjaitan said the inauguration of the battery and electric vehicle ecosystem marked an important milestone in Indonesia's progress.

“Indonesia is poised to become a key player in the global supply chain, from upstream to downstream,” he said.

On the same occasion, South Korean Trade Minister Cheong In-kyo, in his speech, expressed hope that the two countries would continue to expand their cooperation.

He pointed out that currently, more than two thousand South Korean companies have entered Indonesia. He thanked the Indonesian government for tax incentives and simplification of customs procedures.

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Translator: Rangga Pandu AJ, Resinta Sulistiyandari
Publisher: Azis Kurmala
Copyright © ANTARA 2024

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