Indonesia Proposes EV Battery Plant to Elon Musk
The country aims to leverage its vast nickel reserves to attract Tesla's investment for local electric vehicle production.
- Indonesian officials met with Elon Musk to discuss building an EV battery factory in the country.
- Indonesia holds the world's largest nickel reserves, crucial for EV batteries and solar panels.
- The government targets producing 600,000 electric vehicles by 2030 with 60% local content by 2027.
- Musk expressed potential interest but made no formal investment commitments.
- Indonesia also seeks SpaceX's involvement in internet access and AI projects.
Financial Post 
Associated Press 