JAKARTA -- Indonesia's ambition to use its vast nickel wealth to build an electric vehicle battery industry is hitting major obstacles, with the government failing to secure adequate lithium supplies and negotiations with Washington over EV-related incentives dragging out.
Supply Chain
Indonesia EV battery dream hits lithium, U.S. inflation act walls
EU Green Deal adds another challenge to nickel-rich but coal-reliant country
Indonesian President Joko Widodo inspects a Hyundai Motor electric vehicle at a plant in West Java. His dream of building a domestic electric vehicle industry is running into natural resource and political obstacles. © PRESIDENTIAL PALACE/AFP/Jiji
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