Indonesia's electric car dreams at odds with deforestation pledge

Auto show highlights market potential but analysts warn of environmental risks

202111112 Wuling Gsev

Manufacturers such as China's Wuling Motors, here showing off its electric vehicle at the Indonesia International Auto Show, are smitten with the Southeast Asian country's market potential for the cars. (Photo by Shotaro Tani)

SHOTARO TANI and ISMI DAMAYANTI, Nikkei staff writers

JAKARTA -- Global electric vehicle makers have set their sights on Indonesia, attracted by its abundant reserves of key EV battery ingredient nickel, government backing for the industry and the market potential of the world's fourth most populous nation.

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