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View all search resultsAmong the focus of the bilateral discussion between Foreign Minister Sugiono and his Norwegian counterpart Espen Barth Eide was a plan to procure 80,000 solar panels under President Prabowo Subianto’s flagship Red and White Cooperatives program.
Oslo's model shows that streamlined regulatory and incentive policies can help propel market evolution toward an EV ecosystem, while a separate study shows that vehicle electrification doesn't necessary require nickel or the resulting social and environmental harms.
Norway's sovereign wealth fund, the world's largest, said on Tuesday it would vote against ratifying Tesla CEO Elon Musk's proposed compensation package, containing shares worth up to $1 trillion, at an annual general meeting this week.
President Donald Trump’s administration said on Wednesday it was "very troubled" by the Norwegian sovereign wealth fund's divestment of US construction equipment group Caterpillar, and is engaging with Norway's government on the issue.
"The quarter has been impacted by significant market fluctuations. Our equity investments had a negative return, largely driven by the tech sector," Nicolai Tangen, head of the Norwegian sovereign fund, said in a statement.
Elon Musk, a close ally of United States President-elect Donald Trump, last month endorsed a German anti-immigration, anti-Islamic political party ahead of that country's national elections in February, and recently made remarks on British politics.
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