Monthly Archive: January 2023

UPDATE 1-Indonesia says investment talks with Tesla still ongoing

Negotiations between Indonesia and Tesla are still ongoing, a senior minister said on Thursday, following a report that the U.S. automaker is nearing a preliminary deal to build production facilities with a capacity of one million units. Luhut Pandjaitan, who has been leading the talks with Tesla, declined to disclose further details, citing a non-disclosure agreement. Bloomberg News also reported that the Indonesia talks include plans for production facilities and to facilitate the company's supply chain, citing people familiar with the matter.

China’s NEV sales at 814,000 units in Dec, contributing 31.8% of all vehicle sales, CAAM data show

For the full year 2022, China's NEV sales were 6.887 million units, up 93.4 percent year-on-year, accounting for 25.6 percent of all vehicle sales.

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