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October car sales data for Indonesia has been released. The top five brands remain unchanged, but Suzuki and Mitsubishi swapped positions. BYD rose to sixth place, while Fuso and other brands moved down. Total brand sales in October reached 77,191 units, hitting a new high, up...
SAIC Motor and CATL join hands with Kentjana Group to build a battery packaging factory in Indonesia. The factory has an annual production capacity of 20,000 battery packs, operated by PT UABS Indonesia, with SAIC-CATL holding 67% and Kentjana Group holding 33%. Initially prod...
Chinese-invested company CNGR Indonesia produces nickel metal and manufactures electric vehicle battery precursors in Indonesia. Its Public Relations Director stated that leading global automakers such as Tesla and BYD indirectly use Indonesian materials, and the nickel sulfat...
Apple proposed a $100 million (IDR 1.58 trillion) investment to sell the iPhone 16 series in Indonesia, but the Indonesian Minister of Industry rejected it. The government will renegotiate as it does not meet expectations based on technical expert assessments and does not foll...
State-owned mining holding company MIND ID stated that with its abundant nickel reserves and related mineral resources, Indonesia will occupy an important strategic position in the global electric vehicle ecosystem development over the next five years. It is expected that Indo...
Recently, coal prices have surged to a six-week high, following a similar trend to the sharp rise in natural gas prices. In November, Newcastle coal prices rose to $149.6 per ton, and are expected to reach $151.5 in December; Rotterdam coal prices rose to $123.45 in November, ...
The government continues to promote the industrial downstream program, one of which is the agribusiness sector such as palm oil, as the export value of this commodity reaches hundreds of trillions of Indonesian rupiah. The Director General of Agricultural Industry at the Minis...
The Ministry of Energy and Mineral Resources (ESDM) and CNGR, a Chinese company operating in the nickel industry, have agreed to cooperate in the fields of energy and minerals as well as human resource (HR) development. This cooperation was marked by the signing of a Memorandu...
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