Two-wheelers come first in Indonesia’s electric vehicle strategy

Indonesia’s state-owned electric vehicle company is focusing on the more than 115 million motorcycles roaming the country’s roads as it presses ahead with efforts to reduce emissions.

IBC was formed in 2021 to realize President Joko Widodo’s ambition to have an end-to-end EV supply chain — from nickel ores to locally made electric cars. The government is under increased pressure to cut oil imports after the soaring global cost of crude forced it to hike gasoline prices, a move that sparked protests and weakened support for Jokowi, as the president is known.

The government aims to boost domestic use of electric vehicles to 2 million units in 2025, and there are plans to offer an incentive of 7.5 million rupiah for consumers to swap gas-guzzling motorbikes for electric ones.In the next five years, IBC will produce battery materials and cells while recycling used batteries in a project with partners LG Energy Solution and China’s CATL, Nugroho said.

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oregon university plans to develop new rechargeable batteryA research team led by Oregon State University is planning to develop a new rechargeable battery that could reduce the need for environmentally destructive mining of rare minerals like nickel and lithium and accelerate the clean energy transition. This hasn’t been looked at before Don't worry, after Biden goes to prison and Trump takes his rightful seat back, we will be using fossil fuel again. Climate change is a hoax that the globalist created because they want to own us. Not going to work. Too many patriots on board with this movement. Stop calling that 'clean energy'. It's way more polluting than fossil fuel to produce it and it's very expensive and time consuming to recycle it (if it can be recycling). Yes, it's a transition, but not for the good.
Source: WashTimes - 🏆 235. / 63 Read more »