Indonesian Political, Business & Finance News

Mining Electrification: Chinese Manufacturer Ready to Supply EV Heavy Equipment

| Source: CNBC Translated from Indonesian | Energy
Mining Electrification: Chinese Manufacturer Ready to Supply EV Heavy Equipment
Image: CNBC

President Director of PT Liugong Machinery Indonesia, Levi Lin, is optimistic about the business prospects for heavy equipment and spare parts in Indonesia, in line with the Indonesian government’s commitment to promoting the downstream programme in the mineral and coal sector. In line with the technological transformation towards clean energy, electric vehicles are now entering the mining sector, creating an opportunity for PT Liugong Machinery Indonesia to increase the penetration of electric vehicles in mining. Levi Lin views electric vehicles as having many advantages for industries including mining, as they can save 19% in energy, thereby increasing business efficiency. On the other hand, EV technology helps mining operations reduce operational issues due to a simpler engine structure. PT Liugong Machinery Indonesia sees the government’s move to encourage EV infrastructure development as a pillar supporting the expansion of EVs in Indonesia’s mining sector.

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