Hyundai, Wuling among manufacturers eyeing EV jump in Indonesia

China's DFSK announces local production as more brands debut in growing market

20230217 IDN motor show

South Korea's Hyundai is one of the automakers with high hopes for Indonesia's market participating in the Indonesia International Motor Show, here displaying its Ioniq 5 electric vehicle. (Photo by Erwida Maulia)

ERWIDA MAULIA, Nikkei staff writer

JAKARTA -- South Korean automaker Hyundai Motor and Chinese rival Wuling are optimistic their electric vehicle sales in Indonesia will grow this year, as more companies unveil EV brands on expectations of increasing demand in Southeast Asia's biggest economy.

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