An official from the Indonesian government has confirmed recent reports that the country’s government will start early talks with electric vehicle manufacturer Tesla Inc. (NASDAQ: TSLA) over a possible investment in Li-ion battery development in the country.
Indonesia’s deputy head for mining and investment coordination, Septian Hario Seto, was the first to reveal news of the investment proposal. This development would boost Indonesia, which is already the largest producer of nickel globally. Nickel is an essential ingredient in Li-ion battery…
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