Seko has warned that its members may stop installing and servicing Tesla’s charging stations from March 4.

This decision marks a significant milestone for the historic factory, which has been manufacturing vans for over nine decades.

The investment, part of a USD 12 million Series A funding round, underscores the growing importance of recycling in the EV industry.

BluSmart operates close to 6,000 EVs and has completed over 12 million all-electric trips, having covered 400 million all-electric kilometres.

The incentives package is designed to support companies in their transition towards net-zero emissions by offering special tax deductions to eligible entities.

About USD 30 billion worth of Nvidia shares were traded every day over the past 30 sessions, putting it ahead of Elon Musk’s EV maker.

Despite the lack of an immediate agreement, Toyota affirmed its commitment to further negotiations in the coming days.

The move underscores Indonesia’s commitment to transitioning towards cleaner and more sustainable modes of transportation while attracting investment in the EV sector.

While the vote is not binding, it poses an obstacle for the US EV maker’s plans to double the capacity of its German site.

This decision comes in response to concerns regarding the reliability and performance of the vehicles’ software systems.