Electric vehicle (EV) battery startup Britishvolt and VKTR, part of Bakrie & Brothers' auto unit, said on Tuesday they would develop sustainable nickel refining capacity in Indonesia and look into building a battery plant there.
The logo of an electric car is painted on the road at Santiago, Chile, April 20, 2011. REUTERS/Ivan Alvarado/File PhotoLONDON, March 29 - Electric vehicle battery startup Britishvolt and VKTR, part of Bakrie & Brothers'
The two companies will form a joint venture called Indovolt BV VKTR, to provide nickel sulphate, a crucial ingredient for high-performance EV batteries, which will eventually be produced using renewable energy in line with Britishvolt's environmental, social, and governance goals.
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