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Bangkok Post
Bangkok Post
Business

BCPG eyes Indonesian nickel investments

An EV charging demonstration at the Bangkok International Motor Show. EV batteries use nickel as a key component, and BCPG is seeking investment in that segment.  Patipat Janthong

SET-listed BCPG, the power generation arm of energy conglomerate Bangchak Corporation, is looking for a new investment opportunity in Indonesia related to nickel, a key raw material for making electric vehicle (EV) batteries.

The idea came after talks with Indonesia Battery Corporation (IBC), which operates a nickel mining business and aims to grow businesses related to battery EVs and the EV ecosystem.

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