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NMC battery storage cost breakdown in Indonesia 2030
By , Indonesia’s battery manufacturing capacity is expected to be in the 20-30 GWh range. In , global EV battery demand was 750 GWh. Assuming a 30% growth rate in , this would rise to 975 GWh. Even in a best-case scenario, Indonesia would supply just 2-3% of global EV battery capacity 1.
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