


| Battery Making in Indonesia Can Cost Less than in China |
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Nickel and cobalt account for 22% of battery pack costs; Indonesia industrial electricity prices 11% lower than China. Indonesia’s desire to move up the value chain and leverage its nickel wealth into becoming an EV and battery manufacturing hub is supported by the fact that it may have the lowest manufacturing costs in Asia.
Posted: 2020-05-10 21:05:00
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