#Tesla to Submit Investment Proposal as #Indonesia’s Battery Plan Is Taking Shape
Jakarta. Indonesia has expected Tesla, the world’s largest carmaker company by market capitalization, to submit a proposal about the company’s plan to establish a car battery plant and energy storage system in the archipelago today, as the country’s plan to dominate the electric car battery market begins to take shape.
Tesla’s proposal could be one in a series of ore processing and battery investments that the government hope would make up the bulk of the country’s $64 billion investment target for this year.
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