JAKARTA — Indonesia’s EV battery industry is increasingly relying on Chinese companies including CATL as other investors withdraw amid a slowing EV market and changes in technology, potentially leaving it with vast nickel reserves it may find difficult to build an integrated EV supply chain.
Benefits of integrated production fade as new battery types reach mainstream
Indonesia banned the export of raw nickel in 2020, making domestic smelting mandatory. © Reuters
TOMOYOSHI OSHIKIRI
August 11, 2025 09:14 JST
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