EV push gains traction as factories expand
The inauguration of BYD’s Subang plant comes as Indonesia raises the bar for local EV manufacturing, from 40 percent this year to 60 percent in 2027-2029 and 80 percent in 2030.
The inauguration of BYD's Subang plant in Indonesia signifies the Chinese carmaker's growing commitment to local EV manufacturing. As part of Indonesia's push to deepen its electric vehicle industry, the government aims to increase local content in EV manufacturing from 40 percent in 2023 to 60 percent by 2027-2029, with BYD playing a key role in this transition.
BYD's Subang factory, with an annual production capacity of up to 150,000 vehicles, will serve as a regional export hub for Southeast Asia, although the company did not provide specific export volumes or timelines. BYD Indonesia president director Eagle Zhao expressed optimism about meeting the 60 percent domestic component requirement (TKDN) starting from January 2027, with the company planning to expand its ecosystem in Indonesia beyond vehicle assembly to include stamping, welding, and painting, as well as battery-related assembly activities.
Written by urgent.news from The Jakarta Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
