Indonesia, which has reserves of nickel and cobalt used in Li-ion cell batteries, is well positioned to meet that demand amid advancements in EV technology. As a result, the 50:50 JV will be... Read more
The temporary waiving off sales tax on motor vehicles (PPnBM) created the expected upthrust for the Indonesian automotive industry, one of the worst-hit by the COVID-19 pandemic in the ASEAN... Read more
Indonesia currently leads Southeast Asia in terms of the number COVID-19 cases and the country continues to practise large-scale social distancing measures. This in turn has kept customers a... Read more
Hyundai Motor Co. has signed a memorandum of understanding (MOU) with the Indonesian government to establish its first manufacturing facility in Indonesia. The company is setting up the plan... Read more
Nexteer Automotive, a leading company in the field of intuitive motion control has opened a new factory in Bekasi, West Java in Indonesia. The new factory is a wholly-owned subsidiary of Nex... Read more
Toyota-Denso Automotive Compressor Indonesia has just inaugurated a USD 88 million factory in West Java, Indonesia that will cater to the growing demand for parts in the region. The plant, w... Read more
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