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Minister of Industry: LG Chemical wants to participate in electric car pilot project

08 January 2020 17:31

JAKARTA - The famous South Korean company, LG Chemical wants to participate in a pilot project to develop electric motor vehicles in the country. This step can accelerate the application of Presidential Regulation Number 55 Year 2019 concerning the Acceleration of the Battery-Based Electric Motor Vehicle Program.

"LG Chemical is expected to participate in the project, for example by providing electric motor batteries with a battery swap scheme," said Industry Minister Agus Gumiwang Kartasasmita said after a meeting with LG Chemical's directors in Jakarta, Wednesday (1/8).

The Minister of Industry hopes that LG Chemical can collaborate with eight electric motor companies in the pilot project. The eight electric motorcycle companies that have the potential to participate in the project, namely PT Wijaya Karya Tbk / WIKA (Gesit), PT Triangle Motorindo (VIAR), PT Juara Bike (Selis), PT Migo Ebike Success (MIGO), PT Green City Traffic (ECGO), PT Terang Dunia Internusa (United), PT Tomara Jaya Perkasa (Tomara), and PT Volta Indonesia Semesta (Volta).

Agus added, the government targets around 20 percent of total national production or as many as 2 million units in 2025 to be electric motorcycles. Of this amount, it is expected to increase until 2029. Thus, in 2030 Indonesia is projected to become the center of electric vehicles in the ASEAN region. (LM)

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