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Indonesia Electric Vehicle Market: Industry Analysis and Forecast 2027 Globally, the development of electric vehicles (EV) signaled a fundamental shift in the Indonesian transportation sector's policies. Indonesia is ideally positioned to become a major player in the EV supply chain, given the country's nickel reserves. To be a part of the region's EV future, Indonesia needs invest in technology, talent resources, renewable energy, and infrastructure. To keep things in context, the world's largest island accounts for nearly a fourth of the world's nickel reserves. Nickel is an important component in the manufacture of batteries. Nickel reserves was around 94 million metric tons in 2020. Indonesia has 21 million metric tons of that totals, while Australia has 20 million metric tons. According to Indonesia's Coordinating Minister for Maritime Affairs and Investment, the country will require up to US$35 billion in investment over the next five to 10 years to develop its EV ecosystem and secure a vital position in the EV supply chain.


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