Indonesia Aims to Set Global Standard for EV Battery Material Processing

Switzerland, VIVA – Chairman of the Indonesian Chamber of Commerce and Industry (Kadin), Anindya Bakrie, expressed Indonesia's ambition to become a global benchmark for electric vehicle (EV) battery material processing standards.

Bakrie emphasized that compliance with international standards aligns with Indonesia's constitution and offers significant business benefits.

"In the context of the global supply chain, our ambition is not just to produce battery materials for electric vehicles, but also to innovate in how we produce them," Bakrie said at the World Economic Forum in Davos, Switzerland, on Tuesday (Jan 21).

He highlighted Indonesia's unique potential, having demonstrated its ability to produce EV battery materials using green energy while keeping carbon emissions in check, "This is not just rhetoric. Indonesia has already proven it,"

Bakrie said that many Indonesian companies are already supplying battery materials, not only to China, which boasts advanced technology, but also to Europe through Eramet and Volkswagen, as well as to the United States through Ford.

"We optimistic that by September, Indonesia as a whole will meet major standards such as the EMA (Exponential Moving Average) 50," he emphasized.

According to him, Indonesia is open to business collaborations with all parties.

"We, position ourselves as partners offering equal opportunities to everyone," he remarked.

When asked whether collaborations would lean more toward China, Bakrie stressed that Indonesia is currently striving to create a balance in partnerships with Western countries.

He cited his company, VKTR Teknologi Mobilitas (VKTR), which leads the Indo-Pacific Net-zero Battery-materials Consortium (INBC) and focuses on partnerships with Western nations.

"We understand that Europe, including the UK, and the United States require nickel-based battery materials," he revealed.