What is Yadea's primary goal in investing in Indonesia?

Yadea aims to establish a global supply chain hub and contribute to the economic development of the Karawang region through local job creation and sourcing.

When is the Yadea factory expected to be fully operational?

The factory is slated to begin full operations in 2026.

What percentage of the workforce will be Indonesian?

Yadea is targeting over 80% Indonesian representation within its workforce.

What is the significance of the 80% domestic content level (TKDN) target?

Achieving this target will strengthen Indonesia's manufacturing sector and reduce reliance on imported components.

How large is the investment in the new factory?

The total investment is US $150 million, equivalent to approximately Rp 2.4 trillion.

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Karawang

Business

Electric Car Prices: Indonesia’s Rise as a Battery Hub

by Priya Shah – Business Editor November 15, 2025

written by Priya Shah – Business Editor

Jakarta – Electric car prices in Indonesia are poised for further declines in⁣ the coming ‌years,potentially accelerating adoption of the vehicles,according to⁣ industry observers. The anticipated drop is linked to ‌decreasing battery production costs, a key component of electric vehicle (EV) pricing.

Automotive Observer ‍Yannes Pasaribu predicts battery production costs will fall to around ⁤$67 USD ‌per kilowatt-hour (kWh) within 4-5 years, nearing 2030. “it ⁣seems like all the fossil fuel vehicle industries, except for petrol head hobbyists, will likely‍ have to⁤ change businesses, because the production costs will be cheaper, because these batteries cost 20 to 40 percent ‍of the‍ vehicle price,” Pasaribu stated during a presentation at the detikcom Leaders Forum on Wednesday, November 12, 2025.

Indonesia holds a strategic position‌ in the EV ⁣battery supply chain as the⁤ nation with the world’s⁢ largest nickel reserves. The Ministry of Energy and ‍Mineral Resources (ESDM) reported ⁤5.9 billion tonnes of nickel ore reserves and 62.02 million tonnes of nickel metal as of 2024,with 173.6 million⁢ tonnes ⁣of nickel ore produced throughout the year.

A meaningful advancement in this sector is the establishment of Southeast asia’s largest lithium battery factory, operated by‌ PT Industri Batteries Indonesia‌ (IBC) in collaboration with brunp and Lygend (CBL), a subsidiary of Contemporary Amperex Technology Co. Limited (CATL). The‍ factory, located in Karawang, represents an investment of US$5.9 billion (approximately Rp. ‌95.5 ‌trillion, based on an exchange rate of‍ rp. 16,192) and was inaugurated by President Prabowo‍ Subianto on June 29, ⁢2025.

“If batteries that cost 20-40 percent can start to be produced (locally), this will accelerate the decline in battery prices, and ⁢accelerate the decline in the price‌ of electric cars. Don’t forget that Indonesia will become a hub for the ASEAN region,” Pasaribu added.

Data from the United States Department of Energy⁤ (DOE) illustrates the trend of falling battery costs, dropping from approximately $1,415 ‌per kWh in 2008 to $139 per ‍kWh in 2023 – a roughly 90% decrease over 15 years, adjusted for inflation.

November 15, 2025 0 comments

News

Latest Earthquakes in Indonesia: Karawang and Nabire Hit by Tremors

by Emma Walker – News Editor August 25, 2025

written by Emma Walker – News Editor

Jakarta, Indonesia – A series of earthquakes rattled various ⁣regions ‌of Indonesia over⁣ the past‌ week, with events recorded in West Java,‌ Central‍ Papua, Papua, Bali, North Sulawesi, and Aceh. The Meteorology, Climatology, and Geophysics⁢ Agency (BMKG) has been monitoring the increased seismic activity.

the‍ most recent significant event occurred last Wednesday in Karawang,west Java,registering a magnitude of 4.7. Tremors⁤ were felt in Bekasi as well.

In⁤ Central Papua, two earthquakes struck Nabire on Thursday at 07:09 and‌ 07:53 WIB (09:09 ‍and 09:53 WIT), with magnitudes of 3.7 and 3.6, respectively. The epicenters were located 28 kilometers southeast and 11 kilometers northeast of Nabire,on land. The earthquakes were felt at an intensity of II-III on the‍ Modified Mercalli Intensity (MMI) scale, described⁢ as being noticeable indoors, similar to the passing of⁣ a truck.

Prior to‌ the Karawang earthquake, a stronger quake was recorded in⁤ Sarmi, Papua, at 00:22‌ WIB (02:22 local time) on⁢ an⁣ unspecified date. This earthquake had a ⁣magnitude of 5.0 and an epicenter on ⁢land at a depth of 15 ⁢kilometers. ‌ the tremors reached III-IV MMI, meaning they would have been substantially noticeable indoors during daylight hours, and⁢ could‌ have caused doors and windows to rattle.

On Sunday, BMKG reported three earthquakes with weaker tremors.A magnitude 2.4 earthquake was recorded in Garut, West Java. Kuta, ⁤Bali, experienced a magnitude 4.3 earthquake, and North Minahasa in North Sulawesi registered a magnitude 4.4 earthquake. These events were felt‍ at intensities‌ ranging from II to II-III MMI.

Saturday night saw tremors from a magnitude 5.6 earthquake felt at a IV MMI scale⁤ in Simeulue,‌ Aceh, ⁣occurring at ⁢19:24‍ WIB.

The ‌BMKG continues to⁣ monitor seismic activity across the Indonesian archipelago, which is situated ⁢on‍ the Pacific Ring of Fire, a region prone ‌to earthquakes and⁣ volcanic‍ eruptions. ‌The agency provides ‍regular updates and encourages public preparedness for earthquake events.

Click‌ here to get ‍the latest news updates from Tempo on Google News

August 25, 2025 0 comments

Business

Yadea Indonesia Factory: Local Hiring & Investment in Karawang

by Priya Shah – Business Editor August 20, 2025

written by Priya Shah – Business Editor

Yadea to Invest $150 Million in Indonesian⁢ Factory, Prioritizing Local Workforce

Table of Contents

Yadea to Invest $150 Million in Indonesian⁢ Factory, Prioritizing Local Workforce

Karawang, West Java – Chinese electric vehicle manufacturer Yadea ‍is poised to significantly impact ‍the ‍Indonesian economy wiht a $150 million investment in⁢ a new production facility in Karawang,⁣ West Java. the company’s strategic initiative centers on prioritizing the recruitment of local talent, aiming for over 80 percent⁢ Indonesian depiction within its ⁣workforce.

Strategic Investment in local Talent

The new factory, slated to begin operations in 2026, is projected to create thousands of jobs for Indonesian workers.⁣ Yadea’s Senior Vice CEO, Wang Jiazhong, emphasized the company’s commitment to building a robust local presence. “We⁤ are building six integrated capabilities;⁢ operational,⁣ design, quality, supply chain, components, and‍ talents, with 80-90% of local employees,” Wang stated during a recent declaration in Wuxi, Jiangsu, China. [[3]]

This approach mirrors‌ Yadea’s successful model at its Wuxi factory, ⁤where local⁤ residents are ⁢prioritized for employment. The company views this as a crucial step‍ in⁢ contributing to the economic well-being of the communities where it operates.⁢ “For example in Jinzhai, Anhui, all of them ⁢are Jinzhai people,” Wang explained. “They are adequate, for Indonesia too, we hope that local people.”

Did You Know?

Yadea is⁤ already the world’s largest manufacturer of electric ‌kick scooters and electric bikes.[[2]]

Building a Global Supply Chain Hub

The Indonesian factory will serve as a central hub for Yadea’s global supply chain, supporting both ⁢domestic and international exports. The company anticipates ⁢that a notable portion ‌of its workforce will reside⁢ within a‌ 20-kilometer radius of the new headquarters, fostering a strong connection between the⁢ company and the local community. “Whereas⁢ if ⁤in Indonesia ‍is bigger, about 20 kilometers from the new headquarter will be able to join with Yadea, the full target⁢ will all be operated full by indonesians,” Wang added.

Commitment to Domestic‍ Content

Yadea has set an ambitious goal⁣ of achieving 80 percent domestic content level (TKDN) within the next three years.This will be ⁢accomplished through phased implementation, ⁢focusing⁣ on local research and development, and the sourcing of core components, including batteries, driving ‌motors, frames, injection mold sections, and seats. This commitment aligns with Indonesia’s‍ national strategy to strengthen its manufacturing sector and reduce⁤ reliance on imports.

Investment⁢ Details

Metric	Value
Factory Location	Karawang, West‌ Java, Indonesia
Operational Start Date	2026
Total Investment	US $150 million (Rp 2.4 trillion)
Factory Area	Approximately 270,000 square meters
Local workforce Target	>80%
Domestic Content Level (TKDN) Target	80% ‌(within 3 years)

Pro‌ Tip: Investing in local talent and supply chains can significantly reduce ⁤production costs ‍and improve responsiveness to market demands.

The factory’s substantial area of approximately 270,000 square meters underscores the scale of Yadea’s commitment to the⁣ Indonesian ⁢market. This investment is expected to stimulate economic growth in the Karawang region and beyond. what impact will this investment have on Indonesia’s electric ⁣vehicle ‌ecosystem? And how ⁤will Yadea balance its global supply chain needs with its commitment ‍to local sourcing?

The Rise of Electric Vehicles ⁣in Indonesia

Indonesia is rapidly emerging as a key player in ⁢the global electric⁢ vehicle ⁣market, driven by abundant natural resources – particularly⁢ nickel, a crucial component in battery production – and a growing domestic demand for lasting transportation solutions. The Indonesian government has implemented various incentives to attract foreign ⁢investment in the EV sector,including tax breaks and streamlined regulatory processes. This has lead to a surge in interest from⁢ international manufacturers like Yadea,seeking to establish a ⁢foothold in this dynamic market. ⁤The country’s large population‌ and increasing urbanization further contribute⁣ to the potential for widespread ‍EV adoption.

Frequently Asked Questions about Yadea’s Indonesian ⁢investment

What is‌ Yadea’s primary goal in investing in Indonesia? Yadea aims to establish a global supply chain hub and contribute⁣ to the economic ‍development of the Karawang region ⁣through local job creation ⁢and sourcing.
When is the Yadea factory ⁣expected to be fully operational? The factory ⁤is⁣ slated to begin full operations in 2026.
What percentage of the workforce⁢ will⁢ be indonesian? Yadea is targeting over 80% Indonesian representation within its workforce.
What is the ‌importance of the 80% domestic content level⁢ (TKDN) target? Achieving this target will strengthen Indonesia’s manufacturing sector⁤ and reduce reliance on imported ⁤components.
How large is the investment in the new factory? The total investment is US $150 million, equivalent to approximately Rp 2.4 trillion.

We invite⁤ you to share this article with your network and join the conversation ⁤in the⁤ comments below. don’t forget to subscribe to our ⁣newsletter ⁤for the latest updates on global business and economic trends!

August 20, 2025 0 comments

News

Poly (POLY) Factory Closure: Textile Firm Halts Operations in Indonesia

by Emma Walker – News Editor August 10, 2025

written by Emma Walker – News Editor

Asia Pacific fibers (POLY) permanently Closes Karawang Factory Amidst Market Headwinds

Jakarta, Indonesia – August 10, 2025 – In a significant advancement for the Indonesian textile industry, PT Asia Pacific Fibers Tbk (POLY) has announced the permanent closure of its chemical and fiber production unit in Karawang, West Java. The decision follows a temporary suspension of operations that began November 1, 2024, and signals deepening challenges within the sector.

The closure, detailed in a company disclosure, is attributed to a confluence of negative factors impacting both domestic and international markets. These include a global oversupply of industrial products, increased export tariffs to the United States – a key market for Indonesian textiles – and rising costs for essential raw materials.Specifically, the company cited concerns over the inconsistent application of anti-dumping duties and recent revisions to import regulations that haven’t aligned with industry needs.

POLY had initially hoped to restart the Karawang facility if market conditions improved. However, after over six months of inactivity, maintaining the plant proved economically unsustainable. The company stated that the costs associated with upkeep were “too expensive and not technically or commercially feasible.”

Shifting Focus to Kaliwungu-Kendal

the company will now concentrate its operations on its factory located in Kaliwungu-Kendal, Central Java. POLY management is currently engaged in debt restructuring negotiations with the Indonesian Ministry of Finance, aiming to finalize a proposal for financial advancement. While progress is being made, the company acknowledges this process is highly likely to be protracted.The permanent closure is expected to negatively impact POLY’s annual sales revenue starting in 2025. The company plans to revise its financial projections to reflect this new operational reality.

Context & Industry Implications:

This closure highlights the broader struggles facing Indonesia’s textile industry, a sector historically vital to the nation’s economy. Indonesia is a major exporter of textiles and garments, competing with countries like Vietnam, China, and Bangladesh. Recent years have seen increased pressure from lower-cost competitors and evolving global trade dynamics.

Karawang industrial Estate: The Karawang International Industrial City, where the POLY facility was located, is one of the largest industrial parks in Southeast Asia, housing hundreds of companies across various sectors. This closure could potentially impact employment in the region.
Anti-Dumping Duties: The specific anti-dumping duties referenced likely relate to polyester staple fiber (PSF), a key product of POLY, and concerns about unfairly priced imports from countries like China.
Debt Restructuring: Details of POLY’s debt are not publicly available, but the need for restructuring suggests significant financial strain. The Ministry of Finance’s involvement indicates the strategic importance of the company to the indonesian economy.
Future Outlook: The success of POLY’s future will heavily rely on the efficiency of its Kaliwungu-Kendal facility and its ability to navigate the challenging global textile market.

Source: CNBC Indonesia (https://www.cnbcindonesia.com/news/20250810143449-4-564998/poly-permanen-tutup-pabrik-karawang-ini-penyebabnya)

August 10, 2025 0 comments

News

Residents who wanted to help families killed by KA in Karawang

by Chief editor of world-today-news.com September 24, 2024

written by Chief editor of world-today-news.com

Jakarta –

Up to four people died when they were hit by a train in South Pangulah Town, Kotabaru District, Karawang Regency. Three of the four victims belonged to the same family. Meanwhile, another victim was a resident who wanted to help.

Kotabaru Police Chief Inspector Suherlan said the four victims have now completed autopsies and have been buried. Suherlan explained that the three victims were from the same family, namely MA (7), TA (9), and AA (37). Meanwhile, another victim was a resident who was trying to help the three.

“The victims are family members, MA is TA’s sister, and AA is MA and TA’s mother. For one victim named Bahanan, local residents who witnessed the incident tried to to help a victim,” said Inspector Suherlan. detikJabarMonday (22/9/2024).

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Currently, his party also claims that the conditions at the site of the incident are conducive and that the psychological condition of the victim’s family is at the stage of recovery.

“If the circumstances of the crime are appropriate, the psychological condition of the victim’s family will definitely be shaken, yes, but they are already at the stage of recovery,” he said.

For your information, four people died when they were hit by a Fajar Utama train, at kilometer 73 in the direction of Cirebon towards Jakarta, just in Pangulah Selatan town, Kota Baru District, Karawang Regency, West Java, Sunday (22/9 /). 2024) at 07.00 WIB.

Read the full story here.

(rdp/imk)

2024-09-24 03:10:58

#Residents #wanted #families #killed #Karawang

September 24, 2024 0 comments

News

Kurdish testimony from the seconds a train hit 4 people in Karawang

by Chief editor of world-today-news.com September 23, 2024

written by Chief editor of world-today-news.com

Karawang –

Kurdi (57) is still thinking about the horror when the Fajar Utama Solo train going to Pasarsenen-Solo hit four people and they died on the spot. Kurd didn’t even have the heart to see the victim lying next to the train tracks.

This tragic incident happened in Kotabaru District, Karawang Regency on Sunday (22/9). Kurd, who lives near the railway line, panicked when he heard screams from outside his house.

“Yes, by coincidence yesterday morning I heard screaming, I came out and saw there was a commotion, it turned out to be an accident (accident),” said Kurdi, while what he was talking to detikJabarat the scene of the incident, Monday (23/9/2024).

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Kurdi said that two trains were going from two different tracks at the time of the incident. Unusually, Kurdi heard the sound of a train horn that did not stop.

Coincidentally, Kurdi’s residence was close to the railway line, and back to the railway line, so he already knew what the train was like passing his customs. However, the loud sound of the train’s horn that morning felt unusual according to Kurdi.

As soon as he left the house, Kurd was surprised to see a victim lying there. Kurd saw three people lying down.

“Actually there were two papas trains, but I thought it was strange why the sound of the train’s horn was not as loud as usual. I went out of the house in the back and it turned out that there were children and mothers who had been there. was hit by the train, and the other was a grandfather, but he was on the other side,” he said.

Seeing this happening, Kurdi also felt shock and panic. Even though he was a man, he could not stop crying when he saw the horror that had happened.

“Even though I’m human, I didn’t feel like crying. It was so horrible to see that two children from one mother were beaten. Of course, my neighbor, Mr. Bahanan, was there too, apparently. he became a victim because he was trying to help,” he said.

Seeing this, Kurd, unable to hold back his tears, shouted to local residents to evacuate the victim’s body.

“Yes, I can only scream for help, but I still have to evacuate. We, local residents, are also waiting for police officers,” he concluded.

As it is known, four people were killed when they were hit by a train (KA) Fajar Utama Solo Pasarsenen-Solo Division to be precise at km 88 + 700 of the upstream section of the Cikampek-Tanjungrasa road, Kampung Daringo, Selatan Town Pangulah, Kota Baru District, Karawang Regency, Minggu (9/22/2024) morning.

The victims were seriously injured and one of them was even trapped in the body of the train and was transported to Subang. Of the four killed, two were children aged 7 years and 9 years. His identity continues.

1. Name: Stockan (Male)
– Date: Karawang, 03 June 1961
– Address: Darigo Village RT 004/005, South Pagulah Village, Kota Baru District, Karawang Regency
– Condition: Died

2. Name: Iksan (male)
– Age: ± 7 years
– Address: Darigo Town, South Pagulah Town, Kota Baru District, Karawang Regency
– Condition: Died

3. Name: Tedi (Male)
– Age: ± 9 years
– Address: Kampung Sukaati RT 14/03 Timur Jomin Village, Kota Baru District, Karawang Regency
– Condition: Died

4. Name: Anita Andini (Female)
– Date: Bogor, 17 March 1987
– Address: Kampung Sukaati RT 14/03 East Jomin Village Village, Kota Baru District, Karawang Regency
– Condition: Died

(you/you)

2024-09-23 07:29:41

#Kurdish #testimony #seconds #train #hit #people #Karawang

September 23, 2024 0 comments

Newer Posts

Older Posts

Karawang

Yadea to Invest $150 Million in Indonesian⁢ Factory, Prioritizing Local Workforce

Strategic Investment in local Talent

Building a Global Supply Chain Hub

Commitment ​to Domestic‍ Content

Investment⁢ Details

The Rise of Electric Vehicles ⁣in Indonesia

Frequently Asked Questions about Yadea’s Indonesian ⁢investment

Asia Pacific fibers (POLY) permanently Closes Karawang Factory Amidst Market Headwinds

Commitment to Domestic‍ Content