The SAIC-GM-Wuling collaboration has been doing well in China and launching some pretty cool small affordable EVs, riding on the success of the Wuling Hongguang Mini EV. One of the iterations of the Hongguang Mini EV, the Wuling Air, has a right-hand drive model that is built in Indonesia. It … [continued]
Based on the results of its unaudited financial report for the 3rd quarter of 2023, Vietnamese car maker VinFast’s revenue is up 159% to $343 million year-over-year. The increase in revenue was driven by strong sales of the company’s electric vehicles (EVs) in Vietnam. Its performance gives it the confidence … [continued]
One month ago VinFast executives led by Madame Thuy Le ring the opening bell to celebrate its listing on the Nasdaq Global Select Market. This month they announced opening shop in Indonesia and several other Southeast Asian countries by early 2024
Out of the 125 million motorcycles in use in Indonesia as at the end of 2022, only 32,000 are electric, according to Statista. The Indonesian government intends to change that with a US$455 million subsidy to encourage the manufacture of 800,000 new electric two-wheelers and the conversion of 200,000 petrol-powered … [continued]
Indonesia to assemble Minicab-MiEV for local use by 2024. Testing is being done with four big enterprises. Last February, Mitsubishi Motors Corporation (MMC) announced that Indonesia would definitely host the assembly of its first mini EV, a one-box “Kei” truck to be called the Minicab-MiEV in Indonesia. This was confirmed … [continued]
According to multiple sources, Tesla’s Elon Musk is negotiating the setting up of production in Indonesia. Indonesia has massive nickel and some cobalt reserves, excess vehicle building capacity, and a great need to move forward in the rEVolution. It is the second largest vehicle producer in ASEA (behind Thailand), and … [continued]
A major part of Tesla’s long-term plans includes expanding production to several different countries beyond its headquarters in the U.S. A new report suggests that Tesla could be getting serious about building another Gigafactory in Asia, in a country that’s already set to become one of the automaker’s key suppliers. … [continued]
During the G20 Summit in Bali, the Indonesia government provided Zero Motorcycles as tactical electric vehicles for its security forces. As part of Zero Motorcycles’ commercial line of tactical electric motorcycles, Zero offers police and security motorcycles with customizable options to meet the specific needs of a wide variety of … [continued]
Indonesia is hoping to reach zero emissions by 2060 and reduce its carbon footprint by 29% by 2030. One way they plan to tackle this challenge is to put two million electric motorcycles on the road by 2025. The new ambitious goal for the country was announced by the transportation … [continued]
Indonesia wants to be more than a supplier of raw materials to the world. It wants the world to build products within its borders.
