Battery components account for 30-40% of the cost structure of an EV, this can reduce battery prices is critical to reduce EV prices and drive customer adoption. Not all components of fossil fueled motor vehicles can be EV-edged, so support to the factory is urgently needed by mapping the problems.

EV batteries and electrical components are still mostly imported, these components account for 55-70% of an EV, this can attract potential investment to produce batteries and electrical components locally is the key to reducing costs. Electric vehicle battery research and development with more advanced and efficient technology is urgently needed in the future.

Source: bappenas.go.id