The 2024 Indonesia International Motor Show (IIMS) has opened in Jakarta with a growing number of vehicle manufacturers targeting the country’s fast growing battery electric vehicle (BEV) segment.
BEV sales rose 70% to 17,000 units last year with the segment currently dominated by Hyundai and Wuling.
Mitsubishi Motors launched its L100 battery powered small minibus, based on the Minicab-MiEVl, priced at IDR320m (US$20,500). The vehicle is assembled in Cikarang, West Java, at a factory managed by the automaker’s local joint venture PT Mitsubishi Motors Krama Yudha Indonesia.
Hyundai Motors said it would produce a new BEV powered by batteries manufactured by its local joint venture with LG Energy Solution in Bekasi, east of Jakarta.
Vietnamese BEV manufacturer VinFast displayed a full range of right hand drive models at the show.
The company officially launched sales operations in Indonesia this month, starting with fully assembled imports from Vietnam, and said it planned to build a charging network with a local utility company. VinFast had already announced plans to invest $1.2bn to build a BEV plant in Bekasi with initial capacity for 50,000 units to supply RHD south east Asia countries.
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By GlobalDataChery Automobile said it planned to establish a regional production hub in Indonesia, targeting exports to neighbouring markets such as the Philippines and Vietnam. The company has a deal with local contract assembler Handal Indonesia Motor and began production of the Omoda E5 battery electric vehicle at the end of last year.
Chinese automaker Wuling Motors launched the Cloud battery powered hatchback at the show, its largest BEV model to enter this market. It seats five people and its 50.6 kWh battery gives it a range of 500km. This followed the launch of the Wuling Binguo small BEV towards the end of last year. The Air mini car is the company’s best selling BEV model in Indonesia.