Indonesia to Have National Car Brand (Again) By 2026

Indonesia to Have National Car Brand (Again) By 2026

Indonesia has made a request to Geely Automotive Holdings, a Chinese car manufacturer, to assist in the development of a domestically produced electric vehicle (EV) by either 2025 or 2026, as revealed by a senior government minister on Tuesday. The minister, Luhut Pandjaitan, who oversees regulations related to natural resources and investments, explained that Geely has accepted this proposal. He stated, "I offered Geely the opportunity to manufacture cars in Indonesia, under an Indonesian brand, with research conducted in Indonesia, and they agreed."

This offer includes Indonesia providing the necessary nickel ore for EV battery production, but the research aspect must be led by Indonesia. Indonesia has been actively pursuing EV manufacturers to invest in the country by leveraging its abundant nickel reserves, a critical component in EV batteries. However, the success of these efforts has been mixed thus far.

In recent developments, VinFast, a Vietnamese EV company, announced its intention to invest approximately $1.2 billion in Indonesia in the long term, including the establishment of a production plant set to commence operations in 2026. Additionally, Indonesia has received investment commitments for EV production from China's Hozon New Energy Automobile and Japan's Mitsubishi Motors. Nonetheless, endeavors to secure investments from major global EV manufacturers such as Tesla from the United States and China's BYD Group, both of which are among the world's largest EV producers, have yet to materialize.

Akhyari Hananto

I began my career in the banking industry in 1997, and stayed approx 6 years in it. This industry boost his knowledge about the economic condition in Indonesia, both macro and micro, and how to More understand it. My banking career continued in Yogyakarta when I joined in a program funded by the Asian Development Bank (ADB),as the coordinator for a program aimed to help improve the quality of learning and teaching process in private universities in Yogyakarta. When the earthquake stroke Yogyakarta, I chose to join an international NGO working in the area of ?disaster response and management, which allows me to help rebuild the city, as well as other disaster-stricken area in Indonesia. I went on to become the coordinator for emergency response in the Asia Pacific region. Then I was assigned for 1 year in Cambodia, as a country coordinator mostly to deliver developmental programs (water and sanitation, education, livelihood). In 2009, he continued his career as a protocol and HR officer at the U.S. Consulate General in Surabaya, and two years later I joined the Political and Economic Section until now, where i have to deal with extensive range of people and government officials, as well as private and government institution troughout eastern Indonesia. I am the founder and Editor-in-Chief in Good News From Indonesia (GNFI), a growing and influential social media movement, and was selected as one of The Most Influential Netizen 2011 by The Marketeers magazine. I also wrote a book on "Fundamentals of Disaster Management in 2007"?, "Good News From Indonesia : Beragam Prestasi Anak Bangsa di dunia"? which was luanched in August 2013, and "Indonesia Bersyukur"? which is launched in Sept 2013. In 2014, 3 books were released in which i was one of the writer; "Indonesia Pelangi Dunia"?, "Indonesia The Untold Stories"? and "Growing! Meretas Jalan Kejayaan" I give lectures to students in lectures nationwide, sharing on full range of issues, from economy, to diplomacy Less
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