Tesla, BYD group expected to assemble EVs in Indonesia

JAKARTA, Indonesia: Indonesian coordinating minister Luhut Pandjaitan has said that the government is finalizing agreements with China's automaker BYD and US carmaker Tesla to invest in electric vehicle production facilities in the Southeast Asian country.

Indonesia aims to attract investment in batteries and EVs by leveraging its rich nickel resources. Once a major nickel ore exporter, Indonesia has banned expo