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What will be the primary use of CATL-Indonesia batteries by 2025?
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Resolution / Starting Odds
Electric Vehicles • 25%
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Other • 25%
Official reports from CATL or Indonesian government publications
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Indonesia and China’s CATL to Invest $1.2 Billion in Battery Production, Tesla to Receive Nickel-Based Material
Oct 18, 2024, 11:51 AM
Indonesia announced a joint venture with China’s CATL to invest $1.2 billion in battery production in the country. China’s Great Power Energy plans to invest USD140 million in a lithium battery project. Tesla will receive Indonesia's first exports to the United States of nickel-based material for EV batteries by next month, according to energy minister Bahlil Lahadalia.
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