In the rapid development of the global electric vehicle industry, Indonesia is becoming a key link in the global battery industry chain layout with its abundant nickel ore resources and ambitious industrial plans. On January 30, 2026, the Indonesian Ministry of Energy and Mineral Resources officially announced that Indonesian state-owned enterprises have reached a cooperation agreement with China's Zhejiang Huayou Cobalt Industry to jointly invest 7 billion to 8 billion US dollars in the construction of a large-scale battery industry ecosystem project. This major cooperation marks a crucial step forward for Indonesia in building the entire electric vehicle battery industry chain, and injects new impetus into Indonesia's promotion of green economic transformation and enhancement of high-end manufacturing competitiveness.

Indonesia partners with Huayou Cobalt to lay out the battery industry chain

On January 30, 2026, Indonesian Minister of Energy and Mineral Resources Bakhril Rahadalya officially announced that the Indonesian state-owned mining company Antam, the Indonesian battery industry company, and the consortium HYD controlled by China's Zhejiang Huayou Cobalt Industry signed a cooperation framework agreement to jointly promote the construction of the battery industry ecosystem. The project is named "Titan" and is a continuation and expansion of Indonesia's first 10 gigawatt battery project, which will be put into operation in 2023. According to the plan, the project will be launched simultaneously in two locations in the first half of 2026, covering raw material processing and battery manufacturing. Previously, the project was led by the South Korean LG consortium, but due to slow progress, it withdrew in April 2025. Indonesia subsequently introduced Huayou Cobalt as a new partner. The tripartite cooperation aims to build Indonesia into an electric vehicle battery production base for domestic, regional, and global markets, promoting the upgrading of the industry towards scale and high-end.

Indonesia International Auto Show 2026 opens in Jakarta

On February 5, 2026, the Indonesia International Auto Show officially opened at the Jiexpo Exhibition Center in central Jakarta, and the exhibition will continue until February 15. This year's auto show covers an area of 156170 square meters and attracts over 180 brands to participate, including 35 four wheeled car brands such as BYD, Geely, Xiaopeng, Mercedes Benz, Toyota, as well as 26 two wheeled car brands such as Yamaha, Harley Davidson, and BMW Motorcycles. In terms of tickets, regular tickets on weekdays are 50000 Indonesian rupiah, weekend tickets are 90000 Indonesian rupiah, and opening day tickets are 150000 Indonesian rupiah. The exhibition also features entertainment performances such as IMS Infinite Show, offering VIP ticket options of different levels, with the highest end platinum card priced at 1.999 million Indonesian rupiah. The auto show focuses on new energy vehicles and technological innovation, becoming an important platform for showcasing the development of the automotive industry in Indonesia and even Southeast Asia. Keywords: Battery Latest News, Battery News Latest News

The extension of the Jakarta Bandung high-speed railway to Surabaya project faces challenges

The Minister of Infrastructure and Regional Development Coordination of Indonesia stated that the project to extend the Jakarta Bandung high-speed railway to Surabaya still requires time to advance, and the government's current priority is to address the financial structure issues of the already operational Jakarta Bandung high-speed railway. He emphasized that if the financial foundation of the Jakarta Bandung high-speed railway is not consolidated and debts are not repaid, the plan to extend eastward to Surabaya will face significant obstacles. At present, the government is in close communication with the Chinese side, collaborating with the Minister of Finance, Minister of Investment, and Minister of Transport to promote financial restructuring work. The National Asset Management Corporation has included the debt repayment of the Yawan high-speed railway in its work plan for the second half of 2025, and plans to carry out debt restructuring for the four major state-owned sectors including high-speed rail and aviation. Despite the challenges faced by the extension project, its strategic significance in connecting the Java Island Economic Corridor and promoting the development of new economic centers outside the Jakarta metropolitan area is still highly valued by all parties.Editor/Gao Xue