JAKARTA : Indonesia said on Monday that U.S. electric carmaker Tesla plans to invest in the manufacturing of battery materials in the Southeast Asian country and will make an announcement in the next few months.Indonesia has for years been wooing Tesla to invest in battery making and car manufacturing in
JAKARTA : Indonesia said on Monday that U.S. electric carmaker Tesla plans to invest in the manufacturing of battery materials in the Southeast Asian country and will make an announcement in the next few months.
Senior minister Luhut Pandjaitan in a post on Instagram said he led an Indonesian delegate that held a meeting with Tesla's Chief Executive Elon Musk during a recent trip to San Francisco, when Musk told him about the investment plan. "The investment will be quite big. Let's wait for Elon to come here around the end of September or October this year," he said.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Indonesia plans random emission tests on motorists as poor air chokes JakartaJAKARTA: Indonesia's capital will force drivers to undergo emission tests, officials said on Monday (Aug 14), amid deteriorating air quality that has made Jakarta one of the world's most polluted cit
Read more »
Indonesia to start random vehicle emission tests as poor air chokes JakartaThe government has blamed the problem largely on industry and excessive road traffic. Read more at straitstimes.com.
Read more »
Tesla cuts prices in China for some Model Y versionsBEIJING : Tesla Inc has cut prices in China for its Model Y long-range and performance versions starting on Aug. 14, the company said in a notice on Monday.
Read more »
Indonesia central bank intervenes in currency markets to prevent volatility - officialJAKARTA : Indonesia's central bank has intervened in the spot foreign exchange and domestic nondeliverable forward markets to prevent high volatility in the rupiah currency, an official said on Monday.The rupiah fell 0.8 per cent to 15,325 a dollar earlier on Monday, the weakest level since March. Edi Sus
Read more »
Tesla cuts China prices again, triggering slump in auto stocksTesla triggered the price war with an initial round of cuts last year before further discounts in January. Read more at straitstimes.com.
Read more »
Indonesia’s push for more women candidates in general elections faces setbackIndonesia is currently ranked 105th out of 193 countries in terms of women being represented in Parliament. Read more at straitstimes.com.
Read more »