Tesla Cancels Indonesia Battery Factory

US electric vehicle maker Tesla has cancelled plans to build a factory in Indonesia over issues relating to the supply of raw materials to make power generators, The Straits Times reported.

Senior Indonesian officials, including Nicke Widyawati, who heads state oil company Pertamina, had said earlier that Tesla was keen on setting up a plant to manufacture energy storage systems.

Read the full report: The Straits Times.

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.