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A Possible Quick End to Nickel Boon

Monday, July 17, 2023

As a stainless steel raw material, nickel will keep bringing fortune to Indonesia. However, if the demand for nickel for the electric vehicle industry continues to fall, we cannot hope that the price will keep rising in the coming years.

arsip tempo : 170193046795.

Ilustration Tempo/Imam Yunianto. tempo : 170193046795.

THE Indonesian government has a big dream. Armed with massive nickel reserves, it wants to turn Indonesia into a center of electric car battery production to supply the global demand. This is, of course, a noble goal. However, that does not mean it is a realistic one.

With just nickel reserves to offer, Indonesia’s bargaining position is nothing special. Nickel is indeed one of the essential elements in making car batteries, but

...

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Yopie Hidayat

weekly economic review electric car battery Electric Vehicles Nickel Battery
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