Tesla nearing deal for Indonesia EV production plant
has reported. This vehicle production plant would produce up to one million vehicles annually, which is in line with the EV maker’s annual production volume targets for all of its plants worldwide, according to the news site.
Discussions towards the deal include plans for multiple facilities in Indonesia for different functions such as production and supply chain,cited its source as saying. Talks for this deal are ongoing and the agreement could still fall through, its sources added. Indonesia’s talks with Tesla are being led by the country’s coordinating ministry for maritime affairs and investment, according to Indonesian investment minister Bahlil Lahadalia. Should the deal be agreed upon, the EV maker’s plant in Indonesia will be its third outside the United States, after Shanghai, China and Berlin-Brandenburg, Germany.The Indonesia-Tesla courtship has been years in the making.
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