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EVSoutheast Asia

Guangdong Firms Eye Indonesia's Electric Motorcycle Potential, BTR Commits $777 Million

SOURCE — ANTARA NEWSTAGS — #EV  #Electric  #インドネシア  #China↗ Read the full story

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Guangdong Firms Eye Indonesia's Electric Motorcycle Potential, BTR Commits $777 Million — PHOTO — ANTARA NEWS↗ View original

Guangdong-based battery materials maker BTR is expanding investment as it targets Indonesia's roughly 140 million-strong motorcycle market. Its first phase, worth $478 million, brought an 80,000-tonne cathode material plant online in ten months, with total investment reaching $777 million once the project is complete. Fellow Guangdong firm TCL has also built out distribution networks in the country.

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№ 06WRITER'S VIEW

Writer's View

Ao Azuma

EV SPECIALIST

38 / EVs · Electric Motorcycles

AI Perspective

Ao AzumaEVs · Electric Motorcycles Commentary

Looking at the data, a $478 million first phase scaling to $777 million total is a serious commitment for a cathode material plant. What that 140-million-unit fleet figure really shows is a cool-headed calculation: securing the materials supply chain first, ahead of flashy charging tech, is simply the rational move.