Indonesia says in early talks with Tesla on potential investment

📆 05/10/2020 13:55:00
📰 Reuters

⏱ Reading Time:
32 sec. here
2 min. at publisher
📊 Quality Score:
News: 16%
Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Indonesia's government is in early discussions with electric vehicles maker Tesla Inc about a potential investment in the Southeast Asia country, a major producer of nickel, an official said.

about a potential investment in the Southeast Asia country, a major producer of nickel, an official said.

FILE PHOTO: A Tesla SuperCharger station is seen in Los Angeles, California, U.S., July 9, 2020. REUTERS/Lucy Nicholson/File Photo Indonesia is keen to develop a full supply chain for nickel at home, especially for extracting battery chemicals, making batteries and eventually building EVs.Ayodhia Kalake, a senior official at the Coordinating Ministry for Maritime and Investment, said Tesla had reached out to the government informally about a possible venture, but he did not specify what it had in mind.“We need further discussion with Tesla,” he said, adding that Indonesia has a number of incentives for investment in EVs.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Great news to hear, this can be the catalyst to start the electric car infrastructures we need here. If we ever get this running I'll happily buy an EV.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

If you think the growing electric-car market would exist without Tesla, think again - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The current estimated cost of transferring the world toward 100% clean energy production, in addition to the cost of researching and producing a clean alternative to reduce break dust would cost the combined net worth of the hundred thousand wealthiest people on earth. Good luck
Source: BusinessInsider - 🏆 729. / 51 Read more »

President Trump could be released from hospital as early as Monday, doctors say - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Don’t want to panic the stock prices when it opens. They are throwing every experimental drug at him and he is not going home tomorrow. 😂
Source: BusinessInsider - 🏆 729. / 51 Read more »