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New tech jolts Indonesia’s battery dreams – Business


The emergence of a low-cost, nickel-free electric vehicle (EV) battery might pose challenges to Indonesia, the world’s largest nickel producer, experts and top officials have stated.
Nickel-free lithium iron phosphate (LFP) batteries are expected to eat into the market share over the next decade, or until 2030, according to several experts, including battery chemist Bambang Prihandoko of the Indonesian Institute of Sciences (LIPI).
“It’s likely we are heading toward LFP because it is very safe for electric cars and very durable. It can last as long as the car,” Bambang told The Jakarta Post on Wednesday.
The government recently ordered mining holding company MIND ID, oil and gas giant Pertamina and electricity monopoly PLN to establish a holding company – tentatively “PT Indonesia Battery Holding” – to develop an end-to-end domesti…



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