Technical FAQs 4

How much is the Indonesia-China battery deal worth?

Home » Indonesia-China Battery Deal Worth IDR96 Trillion Begins The Indonesia-China battery deal officially broke ground on Sunday, June 29, 2025, marking the start of a major EV battery ecosystem project valued at US$5.9 billion (IDR96.04 trillion).

Is China stepping up in Indonesia's EV battery industry?

China is stepping up its game in Indonesia’s electric vehicle (EV) battery industry after a major exit by South Korea’s LG-led consortium. LG and its partners have pulled out of a massive US$7.7 billion project meant to build a full EV battery supply chain in Indonesia — giving China’s Zhejiang Huayou Cobalt a clear path to take charge.

Which companies are leading the electric vehicle battery industry in Indonesia?

Furthermore, the presence of global players such as Hyundai Motor Group, which has opened the first battery cell factory in Indonesia, as well as LG Energy Solution Ltd. and BTR New Material Group, which launched an anode material factory earlier this year, is further strengthening the electric vehicle battery industry ecosystem in the country.

Who owns Indonesia's first lithium-ion battery anode factory?

Indonesia's President Joko Widodo on Wednesday inaugurated the country's first lithium-ion battery anode factory, PT BTR, invested by China's BTR New Material Group (BTR). (Muchlis Jr/Presidential Press Bureau/Handout via Xinhua)

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Indonesian president inaugurates Chinese-invested lithium battery

Aug 7, 2024 · A drone photo shows an exterior view of PT Indonesia BTR New Energy Material (PT BTR) at Kendal Industrial Park in Central Java province, Indonesia, Aug. 7, 2024.

Indonesia emerges as key hub for Chinese EV battery firms

Feb 18, 2025 · Indonesia is emerging as a key player in China''s electric vehicle (EV) battery industry, with Chinese companies eyeing the country as a production hub to bypass US tariffs,

China''s REPT Battero to build battery factory

Jan 17, 2025 · China''s REPT Battero has revealed plans to build a lithium-ion battery plant in Indonesia, targeting 8 GWh of annual production capacity

Chinese firm spends some $10 billion to build

Oct 31, 2024 · Chinese battery materials maker CNGR Advanced Material Co., Ltd (CNGR) is set to build an integrated production facility valued at

Prabowo inaugurates groundbreaking CATL-backed EV battery

Jun 29, 2025 · Indonesian President Prabowo Subianto inaugurated the groundbreaking of a China-supported integrated electric vehicle battery project in North Maluku Province in eastern

Indonesia-China Battery Deal Worth IDR96

Jun 30, 2025 · The Indonesia-China battery deal officially broke ground on Sunday, June 29, 2025, marking the start of a major EV battery

Chinese firm spends some $10 billion to build battery factory in Indonesia

Oct 31, 2024 · Chinese battery materials maker CNGR Advanced Material Co., Ltd (CNGR) is set to build an integrated production facility valued at $10 billion in Indonesia.

China Replaces LG in Indonesia''s $7.7B EV

Apr 26, 2025 · China is stepping up its game in Indonesia''s electric vehicle (EV) battery industry after a major exit by South Korea''s LG-led

Indonesia Forms $1,2 Billion Battery Venture

Oct 22, 2024 · Indonesia Forms $1,2 Billion Battery Venture with China''s CATL (Bloomberg) — Indonesia announced a joint venture with China''s

Indonesia Collaborates with China on $1.2 Billion Battery

Oct 19, 2024 · This collaboration is in partnership with Contemporary Amperex Technology Co. Ltd. (CATL) from China, with a planned investment of USD 1.2 billion in battery production in

China Replaces LG in Indonesia''s $7.7B EV Battery Project

Apr 26, 2025 · China is stepping up its game in Indonesia''s electric vehicle (EV) battery industry after a major exit by South Korea''s LG-led consortium. LG and its partners have pulled out of a

Chinese Huayou Group Takes Over

Apr 24, 2025 · According to the Indonesian Energy Ministry, Chinese raw materials group Zhejiang Huayou Cobalt will take over from LG Energy

Indonesia emerges as key hub for Chinese EV

Feb 18, 2025 · Indonesia is emerging as a key player in China''s electric vehicle (EV) battery industry, with Chinese companies eyeing the country

Indonesia Forms $1,2 Billion Battery Venture with China''s CATL

Oct 22, 2024 · Indonesia Forms $1,2 Billion Battery Venture with China''s CATL (Bloomberg) — Indonesia announced a joint venture with China''s Contemporary Amperex Technology Co.

Chinese Huayou Group Takes Over Indonesian Battery Project

Apr 24, 2025 · According to the Indonesian Energy Ministry, Chinese raw materials group Zhejiang Huayou Cobalt will take over from LG Energy Solution in the so-called Indonesia

China''s REPT Battero to build battery factory in Indonesia

Jan 17, 2025 · China''s REPT Battero has revealed plans to build a lithium-ion battery plant in Indonesia, targeting 8 GWh of annual production capacity in the first phase.

Indonesia-China Battery Deal Worth IDR96 Trillion Begins

Jun 30, 2025 · The Indonesia-China battery deal officially broke ground on Sunday, June 29, 2025, marking the start of a major EV battery ecosystem project valued at US$5.9 billion

Prabowo inaugurates groundbreaking CATL

Jun 29, 2025 · Indonesian President Prabowo Subianto inaugurated the groundbreaking of a China-supported integrated electric vehicle battery

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