China's BYD, Neta eye growth in Indonesia with new EV investments

Automakers plan local productions to crack market dominated by Japanese players

20240430 BYD and NETA

Chinese automakers BYD, left, and Neta showcase their electric car models at the Periklindo Electric Vehicle Show in Jakarta on April 30. (Source photos by Nana Shibata) 

NANA SHIBATA, Nikkei staff writer

JAKARTA -- Chinese electric vehicle makers BYD and Neta Auto are poised to challenge Japan's dominance in Indonesia's car market, announcing new investment plans and rolling out their latest models at an auto show in Jakarta.

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