Sustainability Versus Profitability: Lithium Iron Phosphate (LFP) Batteries in Indonesia’s Transition to Green Energy Amidst Nickel-based Trends

Indonesia, known for its vast nickel deposits, is poised to become a major player in the global battery industry. Nonetheless, a pivotal choice looms on the horizon —one that could lead the country down a path of sustainability or prosperity. As many scientists have advocated for a shift towards greener living, electric vehicles (EVs) are gaining traction as one of the solutions to a green lifestyle. Indonesia was distributing 81,525 units of EVs by 2023 (Ika, 2023), a significant increase from previous years. Meanwhile, the number of electric motorcycles alone surged 13-fold from 2020 to 2023 (Annur, 2023).

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