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View all search resultsRI delegation meets Musk to talk electric vehicle investment
Meeting aimed to woo Tesla CEO to invest in the country.
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C
oordinating Maritime Affairs and Investment Minister Luhut Pandjaitan led an Indonesian delegation to a meeting with Tesla CEO Elon Musk in the United States to talk about potential investments in Indonesia's electric vehicle (EV) industry.
Leading business figures Anindya Bakrie and Pandu Sjahrir, who were part of the delegation, took to Instagram on Tuesday to post updates about the meeting at Tesla’s new factory in Austin, Texas.
“Our aim is to convince Tesla to explore partnerships with Indonesia in the procurement and development of nickel [as a] raw material for battery cells based on ESG,” Anindya wrote, referring to the environmental, social and governance (ESG) standards of doing business.
Musk said in July 2020 that Tesla would grant a “giant contract for a long period of time” to nickel miners that operated “efficiently and in an environmentally sensitive way” as part of the carmaker’s ESG commitment.
The meeting aimed to woo Tesla to invest in Indonesia amid the government’s efforts to pursue President Joko Widodo’s goal of developing the downstream mining sector.
Read also: Indonesia claims talks with Tesla on EV battery plant still in progress
Indonesia made global headlines in 2020 when it banned nickel ore exports in a bid to force miners to develop their downstream nickel businesses, particularly for manufacturing stainless steel and electric vehicle batteries (EVBs).
