EVE Energy and Local Partners Strengthen Battery Supply Chain in Indonesia

StakeOrRegret · 2026-02-13T16:05:31+00:00

EVE Energy's strategic collaboration with HYD Investment Limited, PT Aneka Tambang Tbk, and PT Industri Baterai Indonesia aims to create a comprehensive battery production ecosystem in Southeast Asia. This partnership focuses on leveraging competitive advantages to establish a robust supply chain for electric vehicle batteries, enhancing Indonesia's role as a significant production hub in the region.

StakeOrRegret

2026-02-13 16:05:31

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The electric vehicle battery industry collaboration continues to grow in Southeast Asia. On January 30th, EVE Energy announced a significant milestone in its expansion strategy by reporting that HYD Investment Limited, as a trusted partner, has entered into a framework agreement with two key Indonesian industry players: PT Aneka Tambang Tbk (ANTAM) and PT Industri Baterai Indonesia (IBC). This initiative reflects a commitment to building a comprehensive battery manufacturing ecosystem at the regional level.

Strategic Collaboration to Develop the Battery Ecosystem

This partnership is designed to leverage each entity’s competitive advantages and production capacity. By combining EVE Energy’s technological expertise, HYD Investment Limited’s operational experience, and ANTAM’s natural resource infrastructure, the three parties aim to develop a fully integrated battery supply chain. The primary focus is to ensure the availability of high-quality raw materials necessary for industrial-scale battery manufacturing.

The Roles of ANTAM and IBC in the Supply Chain Ecosystem

PT Aneka Tambang Tbk plays a crucial role as a primary mineral supplier for this project, utilizing Indonesia’s rich mineral resources. Meanwhile, PT Industri Baterai Indonesia will contribute to developing local manufacturing capacity. Through this partnership structure, all parties aim to create a competitive and sustainable value chain in the electric vehicle battery industry, strengthening Indonesia’s position as a significant battery production hub in the region.

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