To support the increased production of electric cars, much more is needed; batteries. For this reason, many car manufacturers are signing agreements with various companies to have an adequate supply of raw materials necessary to build the accumulators to be integrated into the cars. From this point of view, Tesla & egrave; between companies more active. Recently, for example, the company & agrave; of Elon Musk had entered into new raw material supply agreements for batteries with two Chinese companies.
5-YEAR AGREEMENT
Reuters reports that the American carmaker has signed contracts worth about 5 billion dollars for the purchase of nickel from companies & agrave; found in Indonesia. Specifically, Tesla has signed 5-year contracts with companies & agrave; of nickel processing operating in Morowali, in the island of Sulawesi.
For Indonesia this is certainly important news as it is focusing heavily on the supply of nickel to large industries, especially those working in the automotive field. This country is one of the most & ugrave; large nickel producers and, in recent months, has limited exports to guarantee the supply of nickel to companies that had decided to invest in the country. This choice had made it possible to attract investors of the caliber of Hyundai and LG.
Is not serious; then a mystery that the government of Indonesia has been in dialogue with Tesla for some time with the aim of convincing the company; to open a Gigafactory within the country.
For example, we recall that the president Joko Widodo had met the founder of Tesla Elon Musk at the beginning of this & # 39; Year just to discuss a possible increase in the company's investments American in Indonesia. For the moment, it looks like there will be no; any Gigafactory in Indonesia, although negotiations are continuing. However, Tesla still decided to invest through the signing of these nickel supply contracts.
Thanks to these new agreements, Tesla can & ograve; increase the number of raw material suppliers for batteries. An important step given the very ambitious growth plans which we talked about more; times.
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