Indonesia targets Africa as market for EV batteries

Minister Luhut Pandjaitan said he had visited Africa to establish communication with local partners in the bloc regarding EV industry development. — The Jakarta Post

JAKARTA: Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan says Indonesia will target African countries as a market for sales of locally produced electric vehicle (EV) batteries.

The senior minister said on Monday at the International Battery Summit that many had estimated the African population would multiply by 2045 and by then it would become a huge market.