Source of Regeneration
LFP materials produced in Indonesia.
VISION
We are developing a LFP CAM production facility that supplies raw materials to the electric vehicle ecosystem envisioned by Indonesia.
Indonesia is the second-largest automotive producer in the Southeast Asian region, with 900,000 passenger vehicles produced in 2021. The plan to provide purchase subsidies for EVs and hybrids is ambitious and will likely contribute to the growth of EV production in the country.
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Indonesia, with its large nickel reserves, can play an important role in the global EV supply chain if it fosters a domestic EV industry. Piranti Green Solution will become a key supplier for the secondary battery industry being fostered in Indonesia.
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PROJECT OVERVIEW
We Deliver Exceptional Products and Services Around the World
LFP Cathode Active Materials
The company plans to produce 50,000 tons of LFP cathode material per year in Indonesia and supply it to local battery producers. Indonesia is expected to initially have demand for motorcycles and ESS batteries. The company plans to produce raw materials tailored to the specifications of these products.
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If Chinese products become difficult to export to the US starting in 2025, the company plans to export to the US and EU markets. In the initial stage, LFP raw materials will be the main product, but we plan to pursue the parallel production of next-generation raw materials such as LMFP and NaFP.
MOTORBIKE INCENTIVES
The Indonesian government is expanding incentives for the purchase of electric motorcycles for the public in a bid to accelerate the adoption of electric vehicles (EVs).
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To promote the growth of the EV ecosystem, the Indonesian government announced an incentive policy offering a purchase discount of 7 million rupiah (about $469) per unit for 200,000 new electric motorcycles. Since the goal of introducing electric motorcycles in Indonesia has not yet been achieved, we are seeking to expand incentives to purchase electric motorcycles. The incentive was launched on March 20, 2023.
BEKASI INDUSTRIAL PARK
Our LFP plant will be developed in the Bekasi Industrial Park, located in Bekasi Township, 35km west of Jakarta. Kota Deltamas, where the complex is located, is strategically located in the middle of the Bekasi - Karawang industrial zone.
Bekasi Industrial Complex is home to approximately 3,200 manufacturing industries. Most of them are automobile-related manufacturing industries. Wuling Motors, Honda, Hyundai EV and Suzuki operate factories nearby. The distance to the LG battery factory is 10 km.
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Within this industrial complex, we plan to develop a facility to produce 50,000 tons of LFP raw materials on a site of approximately 300,000 square meters. We plan to develop two facility lines capable of producing 25,000 tons to respond to future business expansion and product changes.
WHY PIRANTI GREEN SOLUTION
A different approach, using a new method of manufacturing.
The LFP raw material production plant we are developing plans to process complex processes in automated facilities for quality control. In order to foster skilled manpower desired by the Indonesian government, we plan to establish an industry-academic cooperation system with local universities in the field of research and development.
Indonesia In Numbers
270M
POPULATION
2.5M
EV ON THE ROAD IN 2025
2,400
CHARGING STATIONS IN 2025
135M
ELECTRIC MOTORBIKES IN 2025
INDUSTRY
Our
Partners
Demand for LFP is growing rapidly. LFP is used not only in electric vehicles but also in various equipment such as ESS, motorcycles, and electric tools, and the market size is expanding. Close cooperation in the secondary battery ecosystem is important for success in this rapidly growing field. We have a close network with business leaders in all fields, from raw material mining to downstream.
NOWPHENE
Kontrolmatik
IRONTREE ENERGY
AMGHEN