Top

Volkswagen Likely to Wind Down Its Xinjiang Investments over Forced Labor Concerns

FTC Announces Largest-Ever Civil Penalty for Made in USA Labeling Fraud

Treasury Secretary Yellen Outlines U.S.-China Relationship Objectives for 2024

90% of Energy Companies Experienced 3rd Party Breach

USTR Tai to AAM: U.S. Trade Policy Should Reinforce Our Ability to Make Things in America...

image credit: Flickr

Indonesia aims to start electric vehicle production in 2022

July 18, 2019

Via: Reuters

Category:

JAKARTA (Reuters) – Indonesia is aiming to start producing electric vehicles (EVs) in 2022, a senior official at the Industry Ministry told Reuters on Thursday, after a number of companies disclosed plans to invest in the country.

Indonesia is pushing for the development of EV and battery production facilities to create a downstream industry for the country’s rich supplies of nickel laterite ore, which is used in lithium batteries.

Read More on Reuters