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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
Nickel is a critical component in the manufacture of electric vehicle batteries. One of the world's greatest nickel reserves is found in Indonesia. A quarter of the world's known nickel resources are found in Indonesia. The Indonesian government has repeatedly announced legislation targeted at increasing the country's electric vehicle growth momentum.
The government issued its Electric Vehicle (EV) plan as part of Minister of Industry Regulation No. 27/2020, which was officially notified by the government.
| S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
| 1 | Mitsubishi tests its commercial EV in Indonesia for Gojek | In Indonesia, the manufacturer will begin testing its commercial EV, the Minicab-MiEV, for delivery companies. | Indonesia | This would enhance better Technological Controls |
| 2 | Foxconn to launch investment in Indonesia's EV sector | The iPhone maker plans to construct a factory on 200 hectares (494.21 acres) of land in Batang, Central Java, to produce battery cells, cathode precursor, and telecommunications equipment. | Indonesia | This would enhance better Technological Controls |
| 3 | Indonesia plans domestic electric vehicle industry | A presidential decree has established a number of incentives for the rollout of e-mobility, with domestic content requirements gradually increasing. | Indonesia | This would enhance better Technological Controls |
| 4 | Roadblocks to Indonesiaâs EV Adoption | Indonesia has set a target of becoming carbon-free by 2060 or sooner. The transportation industry accounts for 26% of Indonesia's CO2 emissions. | Indonesia | This would enhance better Technological Controls |
One of its goals is to create an all-electric bus fleet throughout Jakarta's metropolitan mass public transit system in less than seven years, which will necessitate the purchase of 14,000 electric buses.
By 2030, PLN, the state-owned power utility, plans to create over 31,000 additional electric vehicle charging stations.To satisfy its 10-year commitment, PLN has made $3.7 billion accessible for commercial and public sector investment in Indonesia.
Mitsubishi is a leading mobiliser of the various explorer oriented electric vehicle manufacturer requirements in the market. The eCanter, which is classified as a 7.5-tonne gross vehicle weight, has a range of around 100 kilometres per charge.
The vehicle may be fully charged in as little as 1.5 hours using quick-charging stations. The locally CO2-neutral eCanter has been added to the Genesis fleet to help the company achieve its goal of lowering greenhouse gas emissions.
Lexus Inc. has been one of the most advanced solution provider in the used car requirements. The RZ 450e makes use of a specific battery electric platform to drastically improve engine efficiency for a thrilling ride. By putting the battery under the car floor for a low centre of gravity and angular momentum, new Lexus-first architecture provides high levels of stability and ride pleasure.
The newly developed electrical properties axle (eAxle) includes integration the motors, transaxle, and inverter into a compact unit, resulting in improved cruising range, interior space, and appearance.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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