Intelligence
Initial 6.9GWh! Subsequent Expansion to 15GWh! CATL's Indonesian Battery Factory Starts Construction
2025-07-01 18:09

According to the news, CATL's initial capacity of the plant is 6.9GWh, which is expected to be completed and put into operation by the end of 2026, and will be gradually expanded to 15GWh.

According to foreign media reports, on June 29, the joint venture factory project of CATL in Indonesia officially started construction. The President of Indonesia and the Minister of Energy attended the groundbreaking ceremony.

News shows that the initial production capacity of the factory is 6.9GWh, and it is expected to be completed and put into operation by the end of 2026. The capacity will gradually expand to 15GWh in the follow-up.

It is reported that in 2022, CATL announced that in order to ensure the supply of key upstream resources and raw materials, it planned to jointly invest in building a power battery industry chain project in Indonesia with partners. The joint venture projects include nickel mine development projects, pyrometallurgy projects, hydrometallurgy projects, battery recycling projects, battery material projects, and battery manufacturing projects, with a total investment of no more than $5.968 billion and a construction period of 5 years.

 In October 2024, CATL and Indonesia's IBC (a consortium composed of four Indonesian state-owned enterprises) established a joint venture for battery cell manufacturing. The two sides committed to investing $1.18 billion to build a battery factory with an annual capacity of 15GWh. This cooperation is part of a $6 billion new energy vehicle battery project developed by CATL and IBC in Indonesia, covering upstream and downstream businesses of the battery industry.

 In addition, all parties are currently discussing the addition of a photovoltaic energy storage battery production line to the factory. According to the Indonesian Minister of Energy, if approved, the total production capacity may increase to 40GWh.

Source:https://mp.weixin.qq.com/s/pQTEeenJ5w3LFWKxxuwv0w

 
Tags:battery , CATL
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