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Will Great Power Energy invest $140M in Indonesian lithium project by end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from Great Power Energy or Indonesian government press releases
Story
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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