C. Java to Likely Be Future Location of Indonesian Tesla Factory

20 May 2022 18:32 WIB

Elon Musk accompanies President Jokowi during the latter's visit to Space X in Boca Chica, US, Saturday, May 14, 2022. Presidential Secretariat Press Bureau

TEMPO.CO, Jakarta - The Central Java government, specifically Batang Regency, has recently confirmed the location of Tesla’s upcoming electric vehicle factory which will be constructed at the Batang Integrated Industrial Area.

Batang Regent Wihaji confirmed on Friday to Antaranews that the location was decided upon after the United States company showed interest in investing. 

“Yes, that is correct. According to information from the Investment Minister or Head of Investment Coordinating Board (BKPM) Tesla will invest in the Batang integrated industrial area,” said Wihaji on May 20. 

He added that the region he leads—specifically the industrial area—will likely see multiple factories ranging from electric cars and motorcycles to industrial pipes producers and shoe factories. 

“Fourteen companies have committed to investing and establishing their factories in the industrial area,” he said. 

ANTARA

Click here to get the latest news updates from Tempo on Google News 


Supreme Court Rules in Favor of Nickel Firm Over Row with State Minister

1 hari lalu

Supreme Court Rules in Favor of Nickel Firm Over Row with State Minister

Supreme Court denied the Investments Minister's cassation over a dispute with nickel firm Toshida Indonesia.


Jokowi-Putin Meeting Deemed to Discuss More on Investment than Peacekeeping Mission

3 hari lalu

Jokowi-Putin Meeting Deemed to Discuss More on Investment than Peacekeeping Mission

The meeting between Jokowi and Putin at the Kremlin on Thursday was considered to discuss more of Russia's investment opportunities in Indonesia.


Putin Shows Interest in Developing Nuclear Industry in Indonesia

4 hari lalu

Putin Shows Interest in Developing Nuclear Industry in Indonesia

In a press statement alongside President Jokowi, Russian President Vladimir Putin expresses interest in investing in nuclear industry in Indonesia.


Indonesia Sets Ambitious Plan to Increase Electric Vehicle Sales By 2030

6 hari lalu

Indonesia Sets Ambitious Plan to Increase Electric Vehicle Sales By 2030

Indonesia has set an ambitious goal to raise the market share of electric vehicles in Indonesia to 25 percent of total vehicle sales in 2030.


Bappenas Devises New Capital City Investment Guidelines

22 hari lalu

Bappenas Devises New Capital City Investment Guidelines

Bappenas is currently devising investment guidelines for Indonesia's new capital city of Nusantara (IKN) as investors start to approach.


China's EV Producer BYD to Supply Batteries for Tesla

26 hari lalu

China's EV Producer BYD to Supply Batteries for Tesla

Chinese electric carmaker BYD is reportedly preparing to supply batteries to Tesla soon, a senior executive from the company said.


Bahlil: EV Battery Makers LG, Foxconn Will Invest in Batang Industrial Estate

27 hari lalu

Bahlil: EV Battery Makers LG, Foxconn Will Invest in Batang Industrial Estate

Minister Bahlil Lahadia said that 1,000 hectares of land for the second phase of Batang Integrated Industrial Estate (KITB) in Central Java


Elon Musk Wants to Cut 10% of Tesla Jobs

31 hari lalu

Elon Musk Wants to Cut 10% of Tesla Jobs

Tesla CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of salaried staff at the electric carmaker.


Bank Indonesia: Insurance Industry Total Asset Reach Rp1,637 Trillion

35 hari lalu

Bank Indonesia: Insurance Industry Total Asset Reach Rp1,637 Trillion

Bank Indonesia reports that the total asset from the insurance industry as of March 2022 reached Rp1.637 trillion.


Luhut Says Tesla, Indonesia Yet to Reach Investment Deal

43 hari lalu

Luhut Says Tesla, Indonesia Yet to Reach Investment Deal

Coordinating Minister Luhut confirmed that Indonesia and Tesla CEO Elon Musk have not yet reached an investment agreement.