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Indonesia Battery Corporation

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Indonesia Battery Corporation (IBC), also known as PT Industri Baterai Indonesia, is an Indonesian state-owned enterprise operating in the Battery Electric Vehicle (BEV) and Electric Vehicle (EV) ecosystem.

Last updated September 15, 2026

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Overview

Indonesia Battery Corporation (IBC), also known as PT Industri Baterai Indonesia, is a state-owned enterprise (BUMN) operating in the Battery Electric Vehicle (BEV) and Electric Vehicle (EV) ecosystem. According to its official website, IBC is a government initiation aimed at realizing Indonesia as a global electric vehicle battery producer. Its stated vision is to become a global EV and battery ecosystem company, with a mission to maximize Indonesia's resource potential through an integrated battery, EV, and ESS ecosystem from upstream to downstream, proactively encourage the development of the battery and EV ecosystem market in Indonesia, and build capabilities to increase competitiveness. The company states it is supported by four large state-owned enterprises as shareholders.

History

Indonesia Battery Corporation (IBC), also known as PT Industri Baterai Indonesia, is described on its official website as a state-owned enterprise (BUMN) operating in the Battery Electric Vehicle (BEV) and Electric Vehicle (EV) ecosystem. The website states that IBC is a government initiation to realize Indonesia as a global electric vehicle battery producer. It also states that IBC is supported by four large state-owned enterprises as shareholders, and outlines a vision to become a global EV and battery ecosystem company.

Products and positioning

State-owned enterprise in the Battery Electric Vehicle (BEV) and Electric Vehicle (EV) ecosystem; a government initiation to realize Indonesia as a global electric vehicle battery producer.

Recent events

  • Reported

    Foxconn signs Indonesia electric-vehicle investment MOU[6]

    Foxconn signed a memorandum of understanding with Indonesia's Investment Ministry, Indonesia Battery Corporation, PT Indika Energy and Gogoro covering investment in the electric-vehicle industry, including battery manufacturing. The article says the partners had not disclosed the investment scale or production-plan details.

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