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An Indonesian government official stated that the Indonesian government is in early negotiations with electric vehicle manufacturer Tesla regarding a potential investment in Indonesia.
Indonesia is an important producer of nickel metal, and it is eager to develop a complete nickel metal supply chain domestically, especially with the hope of using this metal to produce batteries and ultimately becoming a base for producing electric vehicles.
In order to attract investors to invest in Indonesia's domestic industry, Indonesia has stopped exporting unprocessed nickel ore.
Ayodhia Kalake, a senior official at the Indonesian Ministry of Maritime and Investment Coordination, stated that Tesla has informally approached the Indonesian government regarding a possible investment. But the specific details of Tesla's intention were not specified by Karak.
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