Tesla will send a team of agents to Indonesia from January to curtail the prospect of setting a supply chain partnership, the nation ’s government said in a statement on Saturday.
The assembly will follow upon an earlier discussion that the country’s delegates had Tesla officials in mid-November, where the possibility of battery center bargains and EV material sourcing had been discussed.
Indonesian President Joko Widodo sent delegates to meet with Tesla for its November meeting in an endeavor to possess the planet ’s major EV brand source some of its materials in the country. Widodo, who’s better known by his nickname Jokowi, continues to be hyping up its own nickel reserves. Last month, the President stated to Reuters that “it’s very important because we have a fantastic strategy to make Indonesia the largest manufacturer of lithium ion batteries, and we possess the largest nickel (reservations ). ”
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Nickel is a key material in the creation of electric vehicle batteries, also Tesla CEO Elon Musk is vocal about his firm ’s need for a large-scale origin of the metal.
Throughout Tesla’s Q2 Earnings Call in July, Musk said that Tesla could possess a “giant contract for a lengthy period of time” for virtually any entity that may furnish the electric automaker with a sufficient quantity of the steel. Jokowi seems curious about being the thing that will supply Tesla with nickel for prospective battery cells, and also a partnership could be imminent.
Tesla’s Elon Musk requires on nickel miners amidst massive battery drive
According to a new report from Reuters, Musk was to get a telephone with President Widodo and Luhut Pandjaitan, the Coordinating Minister for Maritime and Investment, discussing “investment opportunities from electric vehicles company Tesla from Indonesia,” the Ministry stated.
The assembly is set to occur after the new year, since Tesla is currently focusing on many meaningful tasks. These contain an intense end-of-year production and delivery push and a block from the Model S and Model X production lines. Tesla’s focus moving forward will be to cut the cost of batteries, that it outlined in an occasion in September called Battery Day. In order to reduce the cost of electric vehicle battery creation and the price of EVs generally, Tesla has been focused on the sourcing of its own materials in an endeavor to produce its own cells. This could alleviate the need to purchase them from third party suppliers and ultimately lead to a lower product price. Tesla intends to create a $25,000 car over the next 3 years and will probably continue trying to reduce the cost of its already existing fleet of vehicles.
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