China ’s largest automobile manufacturer, Byd, has a leading position in the electric vehicle market in Indonesia. It seems that it may continue to dominate the sales of archipelago countries and Southeast Asia.
The company has a factory in Thailand. Its purpose is to complete a $ 1 billion factory on Java Island on the main islands of Indonesia before the end of this year.
According to Indonesia President Eagle Zhao, the factory's long -term plan is the export market.
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“Every improvement in our local manufacturing industry is very stable, and so is on the track. We will maintain our commitment, that is, at the end of 2025, we will complete the construction project.” Zhao Zhao's joint interview with Reuters and CNBC Indonesia in Indonesia and Indonesia Speaking.
The factory was built in a industrial complex in Subang, West Java, with a production capacity of 150,000 EVs per year.
Data from the Automobile Association showed that in 2024, the first year of sales of Indonesia, BYD sold 15,429 vehicles. According to the numbers from January to November, Bide is a 36 % leader in market share in terms of battery -based electric vehicles.
BYD sells a variety of models in Indonesia, such as dolphins, seals, ATTO 3 SUVs and M6. This is a multi -purpose car and the best -selling car last year.
Zhao said that he hoped that the new factory would produce its first car shortly after the construction was completed.
- Jim Pollard's additional input and editor's Reuters
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