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Tesla Cancels Indonesia Battery Factory Plan – Straits Times

Senior Indonesian officials had said earlier that the Elon Musk-headed company was keen on setting up a plant to manufacture energy storage systems


Nicke Widyawati
Nicke Widyawati, who heads an Indonesian state oil company, had earlier said that Tesla was keen on setting up a plant to manufacture energy storage systems. Photo: Reuters.

 

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.

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