Former Indonesian President Joko Widodo inaugurated the battery plant involving IBC in June 2024. (Photo: MOTIE)
Indonesia, rich in nickel reserves, is striving to become a key player in the global electric vehicle (EV) supply chain. However, in response to U.S. President Trump’s threat of higher tariffs on Chinese companies, Indonesian battery manufacturers with close ties to Chinese firms are expanding their partnerships with other countries.
For example, Indonesia Battery Corporation (IBC) is targeting Japanese and South Korean companies, while also seeking new raw material suppliers in Australia and South America.
