Minister of Investment and Downstream/Head of the Investment Coordinating Board (BKPM) Rosan Perkasa Roeslani has stated that between 2020 and 2024, investment in the automotive sector reached IDR 157 trillion, indicating significant potential for the development of electric vehicles in Indonesia. Over the past five years, the automotive industry has contributed an average of 7.6% to Indonesia's manufacturing Gross Domestic Product. According to Rosan, Indonesia has the most complete EV battery ecosystem. Nickel mining is a key part of this, as it is integral to the production of EV batteries. A wide range of investments in Indonesia has covered nickel, nickel mate, nickel sulfate, precursors, cathodes, anodes, cell batteries, and the recycling of batteries has started to be built in Indonesia. In the future, it is anticipated that electric vehicle batteries manufactured in Indonesia will be exported to the global market, including to major companies such as Tesla, BYD, Korea, and France, among others.

Source:
https://money.kompas.com/read/2025/05/06/180909026/pemerintah-mau-kasih-insentif-lebih-besar-ke-produsen-ev-yang-tinggi-tkdn