ASEAN TODAY
By Umair Jamal
Indonesia's President Joko “Jokowi” Widodo has invited Elon Musk, the owner of the US space exploration company SpaceX, to assess the possibility of setting up a rocket launch site in the Southeast Asian country.
For now, Musk has decided to explore investment opportunities in Indonesia's electric car battery market.
Indonesia is an attractive market for Musk as the country's massive nickel reserves offer an abundant and low-cost supply of a vital mineral for his electric vehicle company Tesla.
The possible partnership between Tesla and Indonesia could accelerate Indonesia's transition towards sustainable mobility and energy.
Jokowi appears to be aiming to leverage his country's vast nickel reserves to fulfill his own domestic electric car ambitions for Indonesia.
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