Tesla to start talks on plans to invest in electric vehicle, lithium batteries and power generation in Indonesia, SE Asia

JAKARTA – US green energy giant Tesla will start discussions with the Indonesian authorities next week on its investment plans to set up plants in the country to make electric vehicle (EV), lithium batteries and power generators after the local government on Thursday (Feb 4) confirmed receiving a proposal letter from the carmaker. This follows moves by two global EV battery giants – China’s CATL and South Korea’s LG Chem – which have earlier made advanced talks to invest billions of dollars in South-east Asia’s largest economy, which holds a quarter of nickel reserve, a key raw material to make…