Indonesia’s electric vehicle battery industry is increasingly relying on Chinese companies including Contemporary Amperex Technology (CATL) as other investors withdraw amid a slowing EV market and changes in technology, potentially leaving it with vast nickel reserves it may find difficult to build an integrated EV supply chain. At a groundbreaking ceremony for a CATL battery plant in Karawang, West Java, on June 29, Indonesian President Prabowo Subianto said the collaborative project between...