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Economy in brief: RI, S. Korea to develop car battery
Maritime Affairs Coordinating Minister Luhut Pandjaitan has met with Korean Ambassador to Indonesia Cho Tai-young on Thursday to discuss the countries’ joint development of a lithium-ion battery for electric cars
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aritime Affairs Coordinating Minister Luhut Pandjaitan has met with Korean Ambassador to Indonesia Cho Tai-young on Thursday to discuss the countries’ joint development of a lithium-ion battery for electric cars.
During the meeting, they agreed to send young chemical engineers to South Korea for further training.
“We will send young scientists from the Bandung Institute of Technology [ITB] to South Korea for an internship program,” Luhut said, following the meeting at his office.
Indonesia plans to produce 2 million cars by 2025, 20 percent of which will be hybrid or fully electric cars.
Luhut added that Indonesia had abundant resources to produce lithium-ion batteries, while South Korea was one of the leading countries in battery technology, along with Japan.
“As we have a lot of materials to produce batteries [domestically], why should we import [them]?” he said.
