Jokowi squeezes key EV material exports to spur Indonesian industry

U.S.-China tensions give Jakarta opening to pursue nationalist trade strategy

20230419N Jokowi EV

President Joko Widodo attends a motor show in Jakarta on Feb. 16. Indonesia has large reserves of materials crucial for electric vehicles, like nickel. © Reuters

KOYA JIBIKI, Nikkei staff writer

JAKARTA -- Indonesia's ambition to become a leader in electric vehicles is sparking friction with the rest of the world, as the country bans exports of critical materials in favor of attracting investment and fostering related industries at home.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.