Squeezed by China-US rivalry, Indonesia's nickel bet strains as EV market shifts
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Squeezed by China-US rivalry, Indonesia's nickel bet strains as EV market shifts is drawing significant interest across the industry.
Indonesia is tightening state control over the world’s largest nickel supply after years of betting the metal would anchor a homegrown electric vehicle industry, and just as global demand begins shifting away from heavy reliance on nickel.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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