On July 1, BYD held a delivery ceremony for the first 1,000 vehicles in Indonesia, and BYD founder and CEO Wang Chuanfu personally delivered the vehicles to Indonesian customers。The launch included models such as the BYD Dolphin, Seal and Atto 3, which were launched in Indonesia in January last year.。

- 广告 -

At the press conference, Indonesian Economic Affairs Coordinating Minister Airlangga Hartarto announced that BYD will invest US $1.3 billion to build a car factory in Indonesia with an annual production capacity of 150,000 vehicles.。

Zhao Ying, president of BYD Indonesia, said the company plans to start building the facilities later this year and will establish up to 50 sales outlets across the country by the end of 2024.。

- 广告-

In April, BYD chose "Subang Smart City" as its electric vehicle factory location.。The industrial park covers an area of 108 hectares, including a research and development center and environmental technology training facilities.。

The Indonesian plant is BYD's second major production facility in Southeast Asia after the Thai plant.。The Thai plant began trial production earlier this spring and will begin mass production on July 4, eventually producing 150,000 vehicles a year.。BYD's Uzbekistan plant has also recently started production of the first batch of production models.。Total output of 50,000 vehicles。

Electric Vehicle Market in Indonesia

Indonesia has been actively wooing electric vehicle manufacturers and offering various incentives, such as the elimination of import tariffs and tax breaks for companies investing in local electric vehicle factories。BYD shelves plans to build plant in Vietnam。Instead, it focuses more on Indonesia and Thailand as its major Southeast Asian manufacturing hubs.。While BYD vehicles sold in Southeast Asia will initially be imported from China, they will be imported from Thailand and Indonesia in the future as production increases.。

- 广告 -

Domestically, Indonesia sets target of 50,000 electric vehicle sales by 2024。The country has sold 9,178 electric vehicles so far in January 2024, with BYD accounting for about 10% of sales.。According to the Indonesian Automobile Manufacturers Association, the sales volume of electric vehicles in Indonesia in 2023 was 17,051。

Source: Easy Car

<p><img src="https://hawk-oss.hawkinsight.com//picture//202407/235460831_642.jpg" style="width: 100%;">On July 1, BYD held a delivery ceremony for the first 1,000 vehicles in Indonesia, and BYD founder and CEO Wang Chuanfu personally delivered the vehicles to Indonesian customers。The launch included models such as the BYD Dolphin, Seal and Atto 3, which were launched in Indonesia in January last year.。- Advertising - At the press conference, Indonesian Economic Affairs Coordinating Minister Airlangga Hartarto announced that BYD will invest US $1.3 billion to build a car factory in Indonesia with an annual production capacity of 150,000 vehicles。Zhao Ying, president of BYD Indonesia, said the company plans to start building the facilities later this year and will establish up to 50 sales outlets across the country by the end of 2024.。-Advertising-In April, BYD chose "Subang Smart City" as its electric vehicle factory location。The industrial park covers an area of 108 hectares, including a research and development center and environmental technology training facilities.。The Indonesian plant is BYD's second major production facility in Southeast Asia after the Thai plant.。The Thai plant began trial production earlier this spring and will begin mass production on July 4, eventually producing 150,000 vehicles a year.。BYD's Uzbekistan plant has also recently started production of the first batch of production models.。Total output of 50,000 vehicles。Indonesia has been actively wooing electric vehicle manufacturers and offering various incentives, such as the elimination of import tariffs and tax breaks for companies investing in local electric vehicle factories.。BYD shelves plans to build plant in Vietnam。Instead, it focuses more on Indonesia and Thailand as its major Southeast Asian manufacturing hubs.。While BYD vehicles sold in Southeast Asia will initially be imported from China, they will be imported from Thailand and Indonesia in the future as production increases.。-Advertising-Domestically, Indonesia has set a target of 50,000 electric vehicle sales by 2024。The country has sold 9,178 electric vehicles so far in January 2024, with BYD accounting for about 10% of sales.。According to the Indonesian Automobile Manufacturers Association, the sales volume of electric vehicles in Indonesia in 2023 was 17,051。Source: Easy Car</p>