International and Domestic Investors Interested in IKN’s EV Development: OIKN

Jakarta – In the dynamic landscape of Indonesia’s industrial evolution, a compelling narrative unfolds as state-owned enterprises (SOEs) and private entities, both domestic and international, eagerly eye participation in the electric vehicle (EV) development sector within the Industrial Estate Authority of IKN Nusantara (OIKN) in East Kalimantan. Deputy for Funding and Investment of OIKN, Agung Wicaksono, revealed during an illuminating online

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Tesla’s Plans for Thai Factory Face Delay Over City Planning Challenge

Bangkok – US-based automaker Tesla’s ambition to establish an electric car factory in Thailand encounters a possible setback due to challenges in city planning. Prime Minister Srettha Thavisin led a team in discussions with Tesla executives at the company’s headquarters on November 14 last year. According to the Prime Minister, Tesla is anticipated to make an announcement in the first quarter

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Indonesia Calls for Automotive Industry to Boost Partnerships with MSMEs

Jakarta – Cooperatives and Small and Medium Enterprises (SMEs) Minister Teten Masduki has urged players in the Indonesian automotive industry to enhance collaborations with micro, small, and medium enterprises (MSMEs) that provide automotive parts, aiming to bolster downstreaming efforts. “I encourage the automotive industry to engage in partnerships for the advancement of automotive MSMEs, fostering their growth and development,” he remarked

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Indonesia Poised to Kickstart EV Battery Mass Production in April 2024

Jakarta – The Ministry of Investment has announced that Indonesia is gearing up for the mass production of electric vehicle (EV) batteries, set to commence in April 2024. This move signals a significant milestone in the nation’s automotive industry and underscores the advantages of its downstreaming policy. Tina Talisa, Special Staff at the ministry, emphasized the role of downstreaming in extracting

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