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Indonesia receives investment proposal from Tesla: official

Reuters2021-02-05

SINGAPORE (Reuters) - Indonesia has received an investment proposal from U.S. electric vehicle (EV) maker Tesla, the country’s deputy head for investment and mining coordination, Septian Hario Seto, told reporters on Friday.

Indonesia is the world’s biggest nickel producer, a material crucial for EV batteries, and has been publicly wooing Tesla to invest in the country to help develop its ambitious EV and battery industry plans.

“I received their proposal yesterday morning... next week we will meet them (virtually) to get an official explanation,” Septian said.

Septian said he could not give details of the proposal due to a non-disclosure agreement, but said that the focus of their discussions had been on batteries and energy storage solutions.

“If they only want to buy raw materials, we are not interested. This (proposal) is beyond just taking the raw material,” he added.

Once the top exporter of nickel, Indonesia stopped nickel shipments last year, in an effort to develop a full nickel supply chain, starting from extraction, then processing into metals and chemicals used in batteries, to meet the demand for electric vehicles (EVs).

Tesla said last year it was looking to find reliable sources of nickel globally after warning the current cost of batteries remained a hurdle to its growth.

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评论63

  • khorsoo
    ·2021-02-09
    Hyundai and Kia are already invested n built plants. China BYD invested as well. Ganfeng indirectly there. TESLA just joined the boat. Indo's reform in labour law is helping. Indo makes sense as cheap n young labor, land n government supportive of FDI. What's not to like? 
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  • 我爱美妹美股
    ·2021-02-08
    Please like my comment . Thank you
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  • Nickoky
    ·2021-02-08
    Wow
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  • 咩咩虎
    ·2021-02-08
    Wow
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    收起
    • wjv0204
      wa
      2021-02-08
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  • Kenny77
    ·2021-02-08
    There is money and job for Indonesia 
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  • CcccL
    ·2021-02-08
    Ok
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  • 4631875e
    ·2021-02-08
    wow
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  • thhhd
    ·2021-02-08
    Wow
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  • thhhd
    ·2021-02-08
    Wahhhh
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  • Shawnbro
    ·2021-02-08
    Read
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  • ksyksy
    ·2021-02-07
    Nice
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  • Stormytw
    ·2021-02-07
    Fsdddd
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  • porean
    ·2021-02-07
    That's great 
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  • bounceback
    ·2021-02-07
    Tesla price target is $1500
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  • WeeNi
    ·2021-02-07
    Pls like my comments 
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  • Yuyujiejie
    ·2021-02-07
    Please like my comments lol
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  • Tlger Buddy
    ·2021-02-07
    I love tiger brokers!
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  • HLPA
    ·2021-02-07
    Great deal
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    收起
    • jayelse
      yes it is
      2021-02-07
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  • Sheryl85
    ·2021-02-07
    big market 
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    收起
    • CL777
      Good
      2021-02-07
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    • Sheryl85
      [梭哈]
      2021-02-07
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  • kkhuat
    ·2021-02-07
    Wow
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