Indonesia to woo Tesla investment in push to become EV battery superpower

JAKARTA (Reuters) – Indonesian President Joko Widodo said he will send a high-level team next week to meet with top executives of U.S. automaker Tesla as the Southeast Asian country aims to become the world’s biggest producer of electric vehicle batteries.

The president, known by his popular name Jokowi, told Reuters in an interview on Friday the trip will be part of Indonesia’s promotion of its new, so-called “Omnibus” Job Creation law, which simplifies doing business in Indonesia.

“Next week we will send a large team to America and Japan, to promote the Omnibus,” Jokowi said.

The trip comes after Jokowi congratulated U.S. President-elect Joe Biden on his win. The Indonesian leader said he hoped a Biden administration would promote “stability” and “world peace”.

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