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Indonesia to establish electric battery corporation in H1 this year


JAKARTA, Feb. 6 (Xinhua): Indonesia is gearing up for establishing an electric battery company to meet the country s prospective development of electric vehicles including motorcycles, cars and buses.
The Indonesian State Owned Enterprises Ministry has been preparing a holding company that would build a battery industry for electric vehicles, which was expected to be completed in the first half of 2021.
The corporation will involve four state enterprises, including the company specializing in aluminium smelting PT Indonesia Asahan Aluminium or MIND ID, mining firm PT Aneka Tambang, oil and gas giant PT Pertamina, and electricity company PT Perusahaan Listrik Negara (PLN).
We hope the Indonesia battery corporation as a holding company can be formed in the first semester of this year, Deputy Minister of State-Owned Enterprises Pahala Mansury told a virtual press conference on Tuesday. ....

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