Indonesia EV competition heats up with VinFast and BYD debuts

Other Asian manufacturers also aim to grab market share with auto show offerings

20240220 BYD booth

Chinese electric vehicle maker BYD's booth at the Indonesia International Motor Show in Jakarta on Feb. 19. The company entered the country's car market last month. (Photo by Nana Shibata)

NANA SHIBATA and ISMI DAMAYANTI, Nikkei staff writers

JAKARTA -- Competition in Indonesia's electric vehicle market is intensifying as Vietnamese automotive manufacturer VinFast and China's BYD enter Southeast Asia's largest economy with passenger car debuts.

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