Jakarta, INTI - PT Industri Baterai Indonesia (Indonesia Battery Corporation/IBC) has confirmed the presence of a standby buyer to absorb the electric vehicle (EV) battery output from the manufacturing facility of PT Contemporary Amperex Technology Indonesia Battery (CATIB).
IBC President Director Aditya Farhan Arif stated that a market for CATIB’s battery products is secured, although the buyer's identity cannot yet be revealed to the public.
"Regarding CATIB, in principle, there is already a standby buyer," said Aditya.
Meanwhile, IBC continues to prepare for plant operations while driving technological development to ensure the resulting battery products are competitive.
"IBC is currently focusing on and steering towards innovation, and we hope the government will also support the strengthening of the domestic EV battery innovation ecosystem," he said.
Previously, Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia reported to President Prabowo Subianto that the EV battery manufacturing facility, developed by Contemporary Amperex Technology Co. Ltd. (CATL), was ready for inauguration.
In June 2026, Bahlil also announced that the EV battery ecosystem downstreaming project, a collaboration between CATL and Antam, was targeted for inauguration at the end of July 2026.
USD 5.9 Billion Battery Downstreaming Project
CATIB is a joint venture between IBC and Ningbo Contemporary Brunp Lygend Co., Ltd. (CBL), a subsidiary of CATL, that operates an EV battery cell manufacturing facility in Indonesia.
CATIB project is part of Project Dragon, an integrated upstream-to-downstream battery downstreaming mega-project involving Antam, IBC, and CBL, with a total investment value reaching USD 5.9 billion. Regarding the CATIB battery cell manufacturing facility, CBL/CATL holds a 70% stake, while IBC holds 30%.
The facility is located in the Karawang industrial estate, West Java, covering an area of approximately 43 hectares. Construction is being carried out in two phases, starting with an initial capacity of 6.9 GWh per year and expanding in the second phase to reach a total capacity of 15 GWh per year.
At full capacity of 15 GWh, the facility is projected to supply batteries for approximately 250,000 to 300,000 EV units annually. In addition to battery cells, modules, and battery packs, the CATIB facility is also designed to produce battery energy storage systems (BESS) to support energy storage, including from solar power plants.
Conclusion
PT Industri Baterai Indonesia (IBC) has confirmed it has a standby buyer to absorb EV battery production from the PT Contemporary Amperex Technology Indonesia Battery (CATIB) facility. The CATIB facility is part of the USD 5.9 billion Project Dragon, involving IBC, Antam, and CBL/CATL, aimed at developing an integrated EV battery ecosystem in Indonesia. At full capacity of 15 GWh, the facility can supply batteries for approximately 250,000 to 300,000 EV units annually.
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