Part 5/16:

Across Southeast Asia, Indonesia is positioning itself as a significant player in the electric vehicle (EV) industry. The Singapore-based company Charged Indonesia has been manufacturing electric motorcycles since early 2022 and aims to produce 10 million EVs over the next decade. The recent Indonesia International Moto Show emphasized the shift toward electrification, as the government aspires to reach 2.5 million EV users by 2025. Leveraging its abundant nickel reserves—a critical raw material for EV batteries—Indonesia is also pursuing policies designed to boost domestic processing industries, moving away from raw material exports to higher-value manufacturing.