Ministry of State Apparatus Empowerment and Bureaucratic Reform

South Korea's battery and electric vehicle ecosystem was inaugurated in Karawang Regency, West Java Province, Wednesday (03/07/2024). (Photo: Regency Secretariat Public Relations/Oji)

Indonesian President Joko Widodo (Jokowi) inaugurated the South Korean Battery and Electric Vehicle Ecosystem in Indonesia, which was held at PT Hyundai LG Indonesia (HLI) Green Power, West Karawang, West Java Province, Wednesday (03/07/2024).

The President believes that by inaugurating this battery and electric vehicle factory, it will be a new chapter and an important step in Indonesia's commitment to becoming a global player in the ecosystem. Electric vehicle battery cells and electric vehicles.

More importantly, we must truly be able to enter as an internal global player supply chain electric vehicle. This one has already started and it is a battery cell factory Electric vehicle the first and largest in Southeast Asia, he said.

The President believes that nothing can prevent Indonesia from being competitive in the electric vehicle ecosystem and that the materials are already completed in Indonesia.

I am sure we will be able to compete with other countries because the mine is here, the nickel is here, the bauxite is here, the copper is here, there is a smelter, it goes into cathode and the precursors, then go to Battery for electric vehicleSo the car factory is there, integrated into an ecosystem for electric cars, he stressed.

The head of state also greatly appreciates the consortium between Hyundai and LG in construction big package electric battery ecosystem, this indicates that relations between South Korea and Indonesia are improving.

With an investment of IDR 160 trillion that will be carried out in stages. “I hope this will mark an improvement in relations between the Republic of Korea and Indonesia,” he concluded.

Coordinating Minister for Maritime Affairs and Investment (Menko Marves) Luhut Binsar Pandjaitan, Minister of Investment Bahlil Lahadalia, Minister of Industry (Men Perin) Agus Gumiwang, Minister of State-Owned Enterprises (BUMN) also accompanied the President during the inauguration activities. Erick Thohir, Chief of Staff of the Presidential Office (KSP) Moeldoko, Minister of Trade, Industry and Energy of the Republic of Korea Jeong In-kyo, Korean Ambassador to Indonesia Lee Sang-deok, Executive Chairman of Hyundai Motor Group Euisun Chung, Executive Chairman of LG Energy Solution Kim Dong Myung.(KS/DNS)

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