AutomobilesHyundai, Wuling among manufacturers eyeing EV jump in Indonesia
China's DFSK announces local production as more brands debut in growing market
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
February 17, 2023 18:58 JST
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.