Tuesday, September 3, 2019

The Coordinating Minister for Maritime Affairs of Indonesia: Indonesia Will Become a Global Player of Electric Cars in 2024

The central government of the onslaught performs a nickel hilirization to produce lithium batteries that can be used for electric cars.

The Coordinating Minister for Maritime Affairs of Indonesia, Luhut B Pandjaitan said, the central government compiled a roadmap so that Indonesia could become a global player in the electric car industry.

 "The road map is being compiled, and I hope if it can in this five years we are already a global player, and that's no problem," says Luhut in an interview with CNBC Indonesia, last week.

He said, in terms of lithium batteries, it has already begun to invest into cathode making. 

 "There is already an investment of US $1 billion, up to US $3-4 billion also exist. VW has also been working together, want to enter with a note there is guaranteed low grade nickel. LG is also, then also Panasonic, Tesla also. Hyundai is now also already in electric cars, other than Hyundai anyone, please,  "Jelas Luhut.

As for, Luhut also confirms, granting import permits for electric car components is only temporary and unsustainable. Only for the construction process.

"So, it just happens during the development process with clear quota and clear control, that's it. We are not foolish-ignorant. We do not want to, in this era of openness, once we make the wrong policy, our children will later be sworn in the profanity,  "added.

"So, if we replace by electric car, public transportation, motorcycle, will be given an incentive. This impact will be long, then do not only see the profit shortly, but you forgot, this policy has a wide impact,  "said Luhut.

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