PT Chery Sales Indonesia (CSI) announces the launch of its first electric car, the Omoda E5, which complies with the government's recommendation of achieving a Domestic Component Level (TKDN/Tingkat Komponen Dalam Negeri ) of 40 percent. Assembled locally at PT Handal Indonesia Motor facilities in Bekasi, West Java, the car qualifies for incentives.
"Currently, the TKDN for Omoda E5 exceeds 40 percent," stated CSI Executive Vice President Qu Jizong during the launch ceremony at the Royal Greenhouse, Central Jakarta, on Monday (5/2/2024). This claim aligns with the latest data from the Indonesian Ministry of Industry, as noted in the Domestic Production Usage (P3DN), where Omoda E5 achieves a TKDN of 40.50 percent.
Coordinating Minister for Economic Affairs Airlangga Hartarto also confirmed the car's eligibility for incentives. According to Minister of Finance Regulation (PMK) Number 38 of 2023, vehicles must have a minimum TKDN of 40 percent to qualify for a 10 percent Value Added Tax (VAT) deduction.
Airlangga highlighted, "Omoda E5, produced in Indonesia, utilizes local content with a TKDN of 40 percent. Indonesia leads as the first country to launch this electric vehicle." Consequently, CSI prices Omoda E5 for the domestic market at Rp 498.8 million on the road in DKI Jakarta. Early customers, within the first 1,000, will enjoy benefits such as a reduced price of Rp 488,800,000 and a lifetime warranty on the electric motor and battery.
The locally assembled Chery Omoda E5 electric car is equipped with Lithium Iron Phosphate (LFP) batteries, offering a range of up to 430 km on a single charge based on the Worldwide Harmonized Light Vehicle Test Cycle (WLTC). The car also features fast charging capabilities, allowing the battery to charge from 30-80% in approximately 30 minutes, with an electricity consumption rate of 15.3 kWh per 100 km.
Powered by a 120 kW electric motor and a battery capable of covering up to 450 kilometers, the Omoda E5 generates up to 201.2 hp with a torque of 400 Nm. It accelerates up to 100 km per hour in 7.8 seconds.
To penetrate the Indonesian market, the Chinese brand initiated electric car assembly with a Semi Knocked Down (SKD) scheme in November 2022, followed by a Completely Knocked Down (CKD) scheme in October 2023. The estimated investment for electric car assembly stands at around Rp 250 billion, utilizing facilities from PT Handal Indonesia Motor.