Indonesia is preparing to export electric vehicle (EV) battery precursor materials to Tesla Inc., according to Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia.
The supply will come from Huaneng New Material Indonesia, a subsidiary of PT Huayou Indonesia, with operations located in North Maluku’s Weda Bay Industrial Park.
Bahlil said that while the factory is nearing completion, exports to Tesla will commence once the facility is inaugurated. The initial shipment is expected by January 1, 2025.
“The plant should be inaugurated next month,” Bahlil said on Friday, November 1, 2024 though he did not specify the volume of exports.
Established by Chinese company Huayou, this precursor plant, inaugurated in April 2024, is projected to produce up to 50,000 tons of EV battery precursors annually.
Approximately 65 percent of these battery components are planned for export to the United States, with a significant portion earmarked for Tesla’s EV production.
Bahlil’s announcement signals Indonesia’s strategic role in the global EV battery supply chain, leveraging its abundant mineral resources to support clean energy advancements worldwide.
