Indonesia says in early talks with Tesla on potential investment

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Indonesia says in early talks with Tesla on potential investment
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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.

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