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Indonesia sees strong EV industry chain potential, minister says
ID🏛️ Politics4 days ago

Indonesia sees strong EV industry chain potential, minister says

Indonesia's Industry Minister, Agus Gumiwang Kartasasmita, stated that the country has the potential to develop a comprehensive electric vehicle (EV) industry chain, encompassing raw materials, batteries, manufacturing, and recycling. He emphasized the need for investments beyond just vehicle production to strengthen the national supply chain and encouraged Chinese automaker BYD to further integrate into Indonesia's EV ecosystem. During the inauguration of a BYD production facility in West Java, Kartasasmita highlighted the growth of Indonesia's EV industry, noting that as of April 2026, the country had produced over 468,000 EV units. In the first half of 2026, battery electric vehicles accounted for 16.06% of the market, while hybrid vehicles represented 9.26%. BYD dominated the four-wheel EV market during this period, capturing 43.2% of sales, and achieved domestic component levels (TKDN) between 40.8% and 47%. The Indonesian Automotive Industry Association reported that 93,869 BYD EVs were sold to Indonesian consumers from 2024 through mid-2026.

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Antara News logoAntara NewsState / PublicCenter4 days ago
Indonesia sees strong EV industry chain potential, minister says

Indonesia's Industry Minister, Agus Gumiwang Kartasasmita, stated that the country has the potential to develop a comprehensive electric vehicle (EV) industry chain, encompassing raw materials, batteries, manufacturing, and recycling. He emphasized the need for investments beyond just vehicle production to strengthen the national supply chain and encouraged Chinese automaker BYD to further integrate into Indonesia's EV ecosystem. During the inauguration of a BYD production facility in West Java, Kartasasmita highlighted the growth of Indonesia's EV industry, noting that as of April 2026, the country had produced over 468,000 EV units. In the first half of 2026, battery electric vehicles accounted for 16.06% of the market, while hybrid vehicles represented 9.26%. BYD dominated the four-wheel EV market during this period, capturing 43.2% of sales, and achieved domestic component levels (TKDN) between 40.8% and 47%. The Indonesian Automotive Industry Association reported that 93,869 BYD EVs were sold to Indonesian consumers from 2024 through mid-2026.

Bias read (Center): The article reports on government statements regarding the development of Indonesia's EV industry, focusing on economic opportunities and industry growth. It presents factual data and quotes from the Industry Minister without overtly favoring any particular political stance or ideology. The content,

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