Tesla delegations to look into battery investment in Indonesia

US electric vehicle maker Tesla will send delegations to Indonesia in January to discuss potential investment in a supply chain for its electric vehicles, particularly for battery components, Reuters wrote.  

Indonesia’s President Joko Widodo and Luhut Pandjaitan, coordinating minister for maritime and investment, were on a call with Tesla CEO Elon Musk on December 11 to discuss “investment opportunities for electric vehicles company Tesla in Indonesia,” the ministry said, not detailing how those business trips would be managed against the backdrop of the current Covid-19 spikes in both countries.

The conference call followed earlier news in October that Tesla was in talks with Indonesian officials to establish a venture in Indonesia to build up a nickel supply chain for electric vehicle battery production.

Widodo had touted Indonesia’s nickel reserves on a number of occasions, telling Reuters that “it’s very important because we have a great plan to make Indonesia the biggest producer of lithium batteries and we have the biggest nickel [reserves].”

Luhut told Reuters in November that “there is a really good chance” that companies will want to invest in Indonesian nickel processing to cut costs.

Musk has said he is planning to offer a “giant contract for a long period of time” so long as the nickel is mined “efficiently and in an environmentally sensitive way.”

Indonesia is keen to develop a full supply chain for nickel at home, especially for extracting battery chemicals, producing batteries and eventually electric vehicles itself.

Vehicle testing ground planned in West Java, also for electric vehicles

Meanwhile, Indonesia’s transportation ministry said that it will be building a $116.5-million international-standard vehicle testing ground within the next four years to help Indonesian automakers develop competitive vehicles to capture the Southeast Asian market.

The testing ground, to be built in Bekasi, West Java and slated for completion by 2024, would test Indonesia-made motorcycles, three-wheelers, cars, buses and trucks in accordance with the international benchmark United Nations Regulation on vehicles in order io make them more compliant with other markets’ standards, particularly in the Association of Southeast Asian Nations, or ASEAN.

The facility would test, among other aspects, vehicle emissions, noise levels and crash safety and would also feature a section for electric vehicles, the ministry said.



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US electric vehicle maker Tesla will send delegations to Indonesia in January to discuss potential investment in a supply chain for its electric vehicles, particularly for battery components, Reuters wrote.   Indonesia’s President Joko Widodo and Luhut Pandjaitan, coordinating minister for maritime and investment, were on a call with Tesla CEO Elon Musk on December 11 to discuss “investment opportunities for electric vehicles company Tesla in Indonesia,” the ministry said, not detailing how those business trips would be managed against the backdrop of the current Covid-19 spikes in both countries. The conference call followed earlier news in October that Tesla...

US electric vehicle maker Tesla will send delegations to Indonesia in January to discuss potential investment in a supply chain for its electric vehicles, particularly for battery components, Reuters wrote.  

Indonesia’s President Joko Widodo and Luhut Pandjaitan, coordinating minister for maritime and investment, were on a call with Tesla CEO Elon Musk on December 11 to discuss “investment opportunities for electric vehicles company Tesla in Indonesia,” the ministry said, not detailing how those business trips would be managed against the backdrop of the current Covid-19 spikes in both countries.

The conference call followed earlier news in October that Tesla was in talks with Indonesian officials to establish a venture in Indonesia to build up a nickel supply chain for electric vehicle battery production.

Widodo had touted Indonesia’s nickel reserves on a number of occasions, telling Reuters that “it’s very important because we have a great plan to make Indonesia the biggest producer of lithium batteries and we have the biggest nickel [reserves].”

Luhut told Reuters in November that “there is a really good chance” that companies will want to invest in Indonesian nickel processing to cut costs.

Musk has said he is planning to offer a “giant contract for a long period of time” so long as the nickel is mined “efficiently and in an environmentally sensitive way.”

Indonesia is keen to develop a full supply chain for nickel at home, especially for extracting battery chemicals, producing batteries and eventually electric vehicles itself.

Vehicle testing ground planned in West Java, also for electric vehicles

Meanwhile, Indonesia’s transportation ministry said that it will be building a $116.5-million international-standard vehicle testing ground within the next four years to help Indonesian automakers develop competitive vehicles to capture the Southeast Asian market.

The testing ground, to be built in Bekasi, West Java and slated for completion by 2024, would test Indonesia-made motorcycles, three-wheelers, cars, buses and trucks in accordance with the international benchmark United Nations Regulation on vehicles in order io make them more compliant with other markets’ standards, particularly in the Association of Southeast Asian Nations, or ASEAN.

The facility would test, among other aspects, vehicle emissions, noise levels and crash safety and would also feature a section for electric vehicles, the ministry said.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

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Donation Total: $10.00

 

 

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