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Tesla visits nickel plant in Indonesia for potential investment

Teslarati

Nickel Industries from down under has invited Tesla, Panasonic, Northvolt, and other automakers and battery suppliers to invest in its facilities in Indonesia. billion plan in Morowali, Indonesia and seeks investors like Tesla or Panasonic—companies with a strong presence in the EV industry. Indonesia is still communicating with Tesla.

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BYD delivers 22 electric buses in Indonesia

CN EV Post

This is the second batch of electric buses delivered by BYD in Indonesia after it delivered 30 in the country a year ago. | BYDDY.US | BYD HK (Image credit: BYD) BYD has delivered a new batch of electric buses in Indonesia, the second batch delivered there by the Chinese new energy vehicle (NEV) maker.

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Indonesia attracts investment as EV battery materials race heats up

Teslarati

Automakers and raw material extraction companies are flocking to Indonesia as the race to secure raw materials for EV batteries continues to heat up. This use has brought the world’s largest automakers to Indonesia, which has the largest nickel deposits on the planet. Recently, Ford announced it would join a $4.5

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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Global Nickel Trade and Chinese Dominance.

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Toyota sales slide as aggressive price cuts by BYD, Chinese EV makers take effect

Baua Electric

Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets like China, Southeast Asia, and even Japan. The Japanese automaker’s global sales are down 0.9% The Japanese automaker’s global sales are down 0.9% BYD also recently launched its first electric MPV in Indonesia.

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Benchmark Mineral Intelligence: lithium industry needs $42B investment to meet 2030 demand

Green Car Congress

China’s domestic lithium market has become more liquid in recent months, with more frequent transactions and higher traded volumes on the spot market, relative to other global regions, prompting greater price volatility in shorter time spans. As such, Benchmark will now move from bi-monthly to weekly publication of its Chinese lithium prices.

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SK On, EcoPro Materials and GEM to build battery precursor plant in South Korea

Green Car Congress

SK On will partner with Korea’s largest cathode material company EcoPro, and Chinese battery materials producer GEM to build a battery core material production facility in Saemangeum, South Korea. The three companies together will spend up on 1.21