Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Seven major EV companies, including BYD and VW, invest $940M in Indonesia, targeting 280K units yearly.

flag Indonesia is becoming a key destination for electric vehicle (EV) manufacturers, attracting seven major companies like BYD and VW with $940 million in investments. flag This surge is partly due to global trade tensions and tariff wars, which have led companies to seek new manufacturing sites. flag These investments aim for a production capacity of 280,000 units yearly, boosting Indonesia's EV market share, which rose to 4.99% in 2024.

7 Articles