Indonesia Enjoys Huge Benefits from Rich Nickel Reserve

Indonesia's nickel ore reserves rank first in the world. To take full advantage of this advantage, Indonesia has been aggressively promoting its battery and electric vehicle industries in recent years. Automakers such as BYD, Tesla and Hyundai are also considering investing in factories in the Indonesia. According to Reuters and other media reports, Indonesian Maritime and Investment Coordinating Minister Luhut Pandjaitan said that Indonesia is finalising agreements with automakers such as BYD, Tesla and Hyundai to invest in the construction of electric vehicle production plants.