ASEAN’s Battery Market
Indonesia with over 250 million of population has recognized as one of the most important dynamic market and resource-rich country.
Indonesia is the fastest growing economy in G-20 after China.
World Economic Forum (WEF) released a competitiveness index of countries in the world. This year, Indonesia is ranked 34. It’s better than last year which is ranked 38th.
Minister of Research and Technology expressed his support for realizing the lithium battery industry through the provision of research infrastructure, either in the form of test equipment in the laboratory and pilot plan.
The demand for energy storage devices is growing, especially in the telecommunications sector. In Indonesia there are hundreds of thousands of towers. While every telecom towers are usually used together for multiple different mobile phone operators. Each of the base stations requires a battery about 16-24 units. Their needs for battery are very large and the majority are imported products.
Since last year, the government’s already roll out the program of environmentally friendly cars or commonly called as a low cost green car (LCGC). This program gives positive impact on the demand of automotive batteries.