Hanoi, Nov. 7 -- Indonesia is projecting the downstreaming of electric vehicle (EV) batteries for motorcycles and cars within the next two years, according to Director General of the Metal, Machinery, Transportation Equipment, and Electronics (ILMATE) Industry at the Ministry of Industry Setia Diarta.

Speaking on the sidelines of the Gaikindo Indonesia International Auto Show (GIIAS) in Makassar on November 5, he said the Indonesian government is continuing efforts to push for battery downstreaming, as evidenced by the presence of factories from several consortiums currently under construction in Karawang, as well as some consortiums involving state-owned enterprises (SOEs).

GIIAS is the largest automotive exhibition in Indonesia where ...