Tesla agrees to build battery and EV factory in Indonesia, official says

Trending 1 month ago 21

Tesla has reportedly agreed to physique a artillery and electrical conveyance mill successful Indonesia, according to the country’s caput of investments. The remark comes aft Musk met with the Indonesian president.

Last week we reported connected Tesla being rumored to beryllium adjacent a woody for a artillery task successful Indonesia aft a caller circular of talks with representatives of the automaker and the Indonesian government; it wasn’t the archetypal clip that talks of Tesla making a large concern successful Indonesia had emerged.

In 2020, we reported on Tesla allegedly being successful talks with the Indonesian authorities to physique a caller nickel venture in the country, which has a beardown nickel reserve – nickel is 1 of the main materials utilized successful the accumulation of cathodes for artillery cells utilized successful electrical vehicles. The determination came aft CEO Elon Musk pleaded with mining companies to summation their nickel production.

Later, we besides learned that Tesla was really successful talks with Indonesia not conscionable astir nickel, but to possibly build a afloat artillery factory in the country. After a intermission successful the talks, things ramped up again earlier this period aft Tesla sent a radical to Indonesia to speech with the authorities and Elon Musk met with President Joko “Jokowi” Widodo.

Now a week later, the local news study that Tesla has “agreed” to a woody to physique a artillery and electrical conveyance mill successful Indonesia:

Tesla agreed to physique a artillery and electrical conveyance works astatine an concern analyzable successful Central Java province, pursuing stateside talks past play betwixt President Joko “Jokowi” Widodo and Tesla main Elon Musk, Investment Minister Bahlil Lahadalia said connected Wednesday.

Lahadalia did clarify that thing is “signed” yet, but helium did accidental that it was agreed:

God willing, Tesla volition participate Indonesia this year. But I can’t denote the period yet. Let’s wait, due to the fact that we haven’t signed an statement yet. How overmuch concern is inactive being kept secret, inactive waiting. But this is bully stuff, large stuff.

He didn’t elaborate connected the details of the plan, but some a mill for batteries and for electrical vehicles were mentioned. Musk antecedently said that Tesla aims to denote locations for caller factories by the extremity of the year.

Electrek’s Take

I’d instrumentality it with a atom of brackish for now. It looks similar a decent source, but it’s amended to beryllium cautious until thing is signed. It would beryllium a large woody for Tesla, since it would apt travel with them securing a ample proviso of nickel.

Indonesia has introduced regulations that unit companies to process the nickel locally – truthful it’s not that large of a leap for them to marque the afloat artillery cells locally – but gathering the afloat electrical vehicles successful Indonesia is much surprising, though not impossible.

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