Chinese battery manufacturer Rept Battero Energy Company has signed a supply agreement with PT VKTR Teknologi Mobilitas, the commercial vehicle manufacturing unit of Indonesia’s Bakrie & Brothers Group, for up to 3,000 truck and bus battery packs by the end of 2025.
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Rept Battero’s local subsidiary, PT Rept Battero Indonesia, will assemble the lithium-ion battery packs locally to help meet Indonesia’s localization rate requirements (TKDN) and help advance zero-emission transportation in the country.
The agreement was signed in VKTR’s truck and bus plant in Magelang, Central Java, in the presence of Indonesia’s Minister of Land Transport and Transportation of Indonesia, and the heads of General Administration of Customs, the Indonesian Chamber of Commerce, and local government officials.
The VKTR plant is focused exclusively on the production of battery-powered commercial vehicles and is equipped with full-process manufacturing capabilities, including chassis assembly, battery assembly, body welding, painting, final assembly, and vehicle testing.
The two companies also plan to collaborate on helping to develop Indonesia’s battery supply chain, including nickel smelting and production of other battery materials.
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By GlobalData
