Hyperdrive
China’s Top EV Wastes No Time Getting Traction in Indonesia
Big battery investments are being made in the Southeast Asian nation.
A Wuling Air electric vehicle being charged at the Gaikindo Indonesia International Auto Show in August.
Photographer: Dimas Ardian/BloombergThis article is for subscribers only.
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BloombergNEF’s Allen Abraham wrote earlier this year about dynamics at play in Southeast Asia, where Chinese automakers are trying to gain a foothold in markets dominated by Japanese brands. Here in Indonesia, where BNEF is hosting a clean energy and transport event ahead of next week’s G-20 Bali and Business 20 summits, the push is visible on the ground.