CHINESE EV MAKERS IN INDONESIA
Chinese car makers are the most popular in Indonesia’s EV market, surpassing other Asian competitors.
According to September sales figures by Gaikindo, the best-selling electric cars were from Chinese brands BYD, Wuling and Chery.
Recently, Beijing pledged to ramp up its investment in Indonesia’s EV industry, after a bilateral meeting between both countries’ top diplomats in a bid to help Jakarta chase its EV dream.
Indonesian authorities have set a production target of 600,000 EV units by 2030.
Already boosting the industry is Chinese carmaker Wuling, which inaugurated its factory in West Java in 2017 and currently produces 120 electric vehicles per day. These vehicles are sold to the Indonesian market and exported as well.
Wuling is planning to expand its EV services.
“For the future, we want to expand again where we want to build an electric car battery facility here. And we have scheduled for the production of electric car batteries to begin at the end of 2024,” said public relations manager at Wuling Motors Indonesia Brian Gomgom.
BYD, the world’s largest EV manufacturer, is also investing US$1.3 billion to build an EV plant in Indonesia. Factory operations are expected to begin in January 2026. Its investment in the country is expected to contribute to the industry, economy and jobs.