Indonesia launches 1st EV battery exports

JAKARTA, Oct. 8 (Xinhua) -- Indonesian President Prabowo Subianto launched the country's first export of electric vehicle batteries at the Indonesia Weda Bay Industrial Park in Central Halmahera, North Maluku, on Thursday.

This photo taken on Sept. 25, 2022 shows the port of Weda Bay Industrial Park in North Maluku, Indonesia.(File photo: Xinhua)

Prabowo said the export marked "a notable milestone" in the government's downstreaming policy to increase the added value of natural resources and strengthen the electric vehicle industry.

"This is concrete proof that our downstreaming policy is on the right track, and we will continue to advance it to the fullest extent possible," he said.

Prabowo noted that the export shipment reflected the outcomes of policies and decisions made under previous administrations.

The president also marked the launch of commercial operations for four downstream projects, while breaking ground on seven new industrial facilities in the park.