Asean Business logo
SPONSORED BYUOB logo

Indonesia’s Pertamina, Electrum sign battery packs development deal

Published Tue, Jun 27, 2023 · 12:24 PM
    • Indonesia has the world’s largest reserves of nickel and is keen to utilise the mineral to create a full supply chain for the industry.
    • Indonesia has the world’s largest reserves of nickel and is keen to utilise the mineral to create a full supply chain for the industry. PHOTO: REUTERS

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    INDONESIA’S state energy company Pertamina said late on Monday (Jun 26) it plans to develop battery packs for electric motorcycles with Electrum, a firm that aims to put millions of electric two-wheelers on the roads of the South-east Asian country.

    The agreement was signed during a groundbreaking ceremony for Electrum’s electric scooter plant on Friday, where the company, which is a joint venture between coal miner TBS Energi Utama and giant tech firm GoTo Gojek Tokopedia, aims to produce 250,000 units of electric scooters per year.

    The planned battery packing facility run by Pertamina’s renewables unit and Electrum could cover a capacity of about 300 megawatts, Pertamina official Dicky Septriadi said.

    Indonesia has the world’s largest reserves of nickel – a key element in electric vehicle batteries – and is keen to utilise the mineral to create a full supply chain for the industry. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Share with us your feedback on BT's products and services