According to local Indonesian officials, Tesla will build a battery factory in Indonesia.

SMM7 24-according to local news reports in Indonesia, Indonesian Maritime Affairs Coordination Minister Luhut Binsar Pandjaitan said that Tesla hopes to set up a battery factory in (IMIP), the Morowali industrial park on the island of Central Sulawesi, Indonesia.

Antara News reported: "CATL wants to stay in the Morowali Industrial Park, it and LG are the main participants." Tesla also joined them, but I don't know Tesla's role in it, because they are managed by consortia. "

Ningde Times, China's largest car battery maker, is the most active, and LG and Tesla will also be involved in the project. Several companies have formed consortia to build oversized car battery plants in Indonesia.

Pandjaitan added: "the next three years may be if the project can be implemented." Our batteries will get better, maybe faster, in the next three years. I think it's going to be the biggest battery factory, because we all think our costs are cheaper. "

Pandjaitan also said that the details of the project have yet to be determined and need to wait for a presidential decree to provide tax breaks to companies related to electric vehicles and to cut import taxes.

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