Tesla is looking to build a lithium battery raw material factory in Indonesia, claims report
A recent report from one of Indonesia’s oldest news agencies has stated that American electric car maker Tesla is looking to build a lithium battery raw material factory in the Morowali Industrial Park (IMIP) area, located in the Central Sulawesi province, Indonesia. Lithium Battery Cell voltage
The update comes amidst the recent comments of Maritime Affairs Coordinating Minister Luhut Binsar Pandjaitan, who named Tesla as one of the companies that are reportedly looking to build battery facilities in the region. Speaking at the Presidential Palace in Jakarta on Tuesday, Pandjaitan mentioned that Contemporary Amperex Technology (CATL) and LG would also be operating their own facilities in the Morowali area.
Provided that the facility does break ground, Tesla’s lithium battery raw material factory in Indonesia will reportedly be aiming for completion in around three years.
While Tesla is yet to announce or confirm the reports from the
Indonesian media outlet, the country’s government is already preparing
to welcome the arrival of the massive battery companies, including the
Silicon Valley-based electric car maker. Pandjaitan, for his part,
claimed that a Presidential Regulation (Perpres) for Electric Vehicles
would soon be signed by Indonesian President Joko Widodo.
It was completed. The president may sign the perpres (presidential
decree) in the next few days,” the Maritime Affairs Coordinating
Minister said, according to Antara News.
Once signed, companies such as CATL, LG, and Tesla will be able to avail of several incentives. Among these is the elimination or reduction of taxes, as well as the exemption of import duties related to the needs of the companies’ operations.
Antara is one of Indonesia’s oldest news agencies. Founded in 1937 while the country was still a Dutch colony, Antara has emerged as the country’s national news agency. It is also the only agency authorized by the State to distribute news materials created by foreign media organizations. With this in mind, the reports of Tesla’s interest in Indonesia’s Morowali area are, at the very least, being related by one of the country’s most legitimate media organizations.
