Economies of scale, new supplies of lithium, and alternative technologies make it possible to sell electric vehicle batteries more cheaply.
Nickel
Indonesia dominates global nickel production, key for EVs, but faces challenges in EV battery chemistry shifts and geopolitics.
As the world’s largest producer of nickel, the most likely place where Indonesia could fit into Tesla’s ecosystem is in batteries.
Indonesia wants to leverage its advantages in manufacturing and raw materials to become a regional electric vehicle powerhouse.
Scarcity of rare earths and metals are impacting the supply chains of Western EV manufacturers as Chinese domination grows.