After his weekend meeting with Indonesian President Joko Widodo at the SpaceX site in Boca Chika, Texas, Elon Musk said he was considering a visit to Indonesia later this year to explore investment opportunities in the republic. Bloomberg Report
During the visit, the Indonesian leader – who was in the country to attend the US-ASEAN special conference – extended an invitation to Musk, who replied, “Hopefully in November, thank you for the invitation.” Musk was invited after Tesla representatives visited a nickel production center in Morowali, Central Sulawesi, last week.
Last month, the country’s Minister for Integrated Maritime Affairs and Investment Luhut Pandjaitan held a meeting between Musk and Djokovic in hopes of investing Tesla in Indonesia. Jakarta Post.
The government has been discussing possible partnerships with Musk teams over the past few years, including the production of a Tesla EV and even the possibility of a SpaceX rocket launch site in the country, the last part of the country’s ambition to join. Space race, but no agreement reached so far.
Indonesia’s talks with Tesla over the possibility of setting up a battery factory for its EV in the republic ended in March, apparently because Tesla was only interested in building energy-saving (i.e. powerwall) batteries instead of its cars. . However, it was reported last month that Indonesia had resumed talks with Musk to join the country’s growing nickel and EV industry.
The country has long been pushing for investment in EV and battery production, with its nickel and cobalt reserves – used to make lithium-ion batteries – as well as bauxite, which could be converted to aluminum. Indonesia, which has the world’s largest reserves of nickel, wants to build a complete supply chain for battery chemical extraction from metals, not just exports.
Jokowi’s invitation to Musk reiterates the country’s intention to continue its efforts to develop its EV industry, not just with raw material production. In August last year, he said that there was a great opportunity for industrial development from upstream to downstream of the country and that it should focus on lithium battery industry as well as EV production.
Malaysia has also invited Tesla to invest in the country. Last week, Prime Minister Datuk Seri Ismail Sabri Yakub said he had advised Tesla to invest in Malaysia and build its EV here.