KEK Kendal Strengthens Indonesia's EV and Renewable Energy Ecosystem with New Factories

In Kendal, Indonesia, the Special Economic Zone (KEK) is solidifying its role as a strategic industrial hub, significantly contributing to electric vehicle (EV) and renewable energy development. Key developments include: * **BTR:** PT Indonesia BTR New Energy Material (China) operates a lithium battery anode factory with a 160,000-ton annual capacity, supplying global brands like BYD, SK Group, LG, and Samsung. * **LBM:** PT LBM Energi Baru Indonesia is investing $350 million in a lithium iron phosphate (LFP) cathode factory, targeting 120,000 tons annual production and $1.2 billion in export revenue. * **SUNRA:** PT Sunra Asia Pasific Hi-Tech (Sunra Indonesia) will produce up to 1 million electric two-wheelers annually. * **Trina Mas Agra Indonesia (TMAI):** A collaboration to produce solar cells and integrated solar modules, starting with 1 GWp annual capacity, scaling to 3 GWp within 2-3 years. These factories are expected to boost local and national economic growth, create jobs, and strengthen Indonesia's position in the global EV and renewable energy supply chains.