Late Monday, Pertamina, Indonesia's national energy supplier, announced a collaboration with Electrum to develop battery packs for electric motorcycles, with the objective of placing millions of electric two-wheelers on the Southeast Asian country's roadways.

The agreement was signed on Friday at the groundbreaking ceremony for Electrum's electric scooter plant, where the business, a partnership between coal miner TBS Energi Utama and global tech conglomerate GoTo Gojek Tokopedia, expects to produce 250,000 electric scooters per year.

The proposed battery packing facility run by Pertamina's renewables unit and Electrum might have a capacity of roughly 300 megawatts, according to Pertamina spokesman Dicky Septriadi.

Indonesia has the world's largest reserves of nickel - a key element in electric vehicle (EV) batteries - and is keen to utilise the mineral to create a full supply chain for the industry.