In the last decade, Indonesia has made significant progress in halting the loss of its forests. But the election of military man Prabowo Subianto as president is raising concerns that a boom in mining nickel, used in EV batteries, could lead to a new wave of deforestation.
Indonesia Courts Chinese Investors for EV Production Ecosystem voanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voanews.com Daily Mail and Mail on Sunday newspapers.
Jakarta, Indonesia - Indonesian President Joko Widowo is accelerating his plans to position his nation as a global hub in the electric vehicle productio
Ford and VW have joined Hyundai in picking Indonesia as a centre for EV production, lured by the world’s largest nickel reserves. Tesla is still on the fence.
The value of Indonesia’s nickel exports surged tenfold in five years after it forced buyers to set up refineries in the country. Now Southeast Asia’s biggest economy plans to use that blueprint to vault nto the ranks of higher-income economies by processing everything from copper to fish.