TheJakartaPost
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Indonesia has tried, and failed, to develop a native car brand over the decades, and attempting to revive this developmental model in the current era of energy transition with a globally connected supply chain risks ending in the same fate: merely a flag-waving vanity project.
The government's tunnel vision as regards our vast nickel reserves vis-à-vis the country's EV ecosystem development is blinding it to an equally efficient, effective and more eco-friendly energy alternative that is beginning to gain global ground: sodium-ion batteries.
Indonesia has no legally binding framework like the European Union's Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD) to ensure responsible business practices.
The shifting global trade landscape presents an opportunity for the Asia-Pacific to emerge stronger, if countries look more inwardly to improve domestic resilience and intraregional coordination while helping to lift others that might be more vulnerable to external pressures.
