Ford to make EV investment in Indonesia

Industry revival: Vehicles stuck in traffic during the evening rush hour in Jakarta. Indonesia has sought to position itself as a critical player in the global EV supply chain through its nickel reserves, a key material in many EV batteries. — AFP

JAKARTA: Ford Motor Co is expected to build an electric vehicle (EV) manufacturing plant in Indonesia next year, says an Industry Ministry official.

Deputy Industry Minister Faisol Riza said he was confident about the development of the country’s EV industry and that he hoped more locally produced EVs would appear on the market.