Senior Indonesian official: Geely intends to build a factory in Jakarta to help the country's 2025 goal of "localization" of electric vehicles

Thanks to CTOnews.com netizens for the delivery of clues about the past and suffering march! CTOnews.com Sept. 14, Indonesian Ocean and Investment Minister Luhut Binsar Pandjaitan said at a seminar held in Jakarta on Sunday local time that Indonesia is expected to have electric cars made by its own people in 2025-2026.

▲ Touyuan Geely, for reference only, while the minister further revealed that he had spoken with Geely, one of the major Chinese car companies interested in investing in Jakarta. "We started negotiations with Geely months ago, and two days ago, we proposed to jointly study the production of electric cars in Indonesia." It is said that the Indonesian government will supply Geely with nickel ore, a key raw material for batteries.

The minister pointed out that now is the best time for Indonesia to own and produce domestic electric vehicles, and will carry out research with Geely in order to "achieve great-leap-forward development." At present, there are Hyundai, Wuling and Dongfeng Xiaokang brands that produce electric cars in the country, which are produced by factories in Java.

CTOnews.com previously reported that during the Indonesian International Auto Show last month, Industry Minister Agus Gumiwang Kartasasmita said, "We offer incentives for all automakers around the world, not just for a particular brand, to attract investors." The country hopes to produce about 600000 electric vehicles by 2030.