Indonesia’s EV Ambitions Boosted by New BTR Battery Anode Plant
- Factory has capacity to supply 1.5 million electric cars
- Southeast Asian country looks to leverage vast nickel output
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China’s BTR New Material Group opened a $478 million anode material plant in Indonesia, the first for a country that’s pushing to become a manufacturing hub for electric vehicles.
Work on the factory, located in Kendal Industrial Park in Central Java, started in 2023 and operations began Wednesday, according to a statement from Indonesia’s Presidential Secretariat. It has an initial capacity of 80,000 tons of anode material a year, enough to supply 1.5 million electric cars, according to Indonesian President Joko Widodo.