SEOUL, June 26 (Yonhap) – Hyundai Motor Co. was the largest supplier of electric vehicles (EVs) in Indonesia last month, the Indonesian Automotive Industry Association (GAIKINDO) reported on Sunday.
The South Korean manufacturer sold EV 196 (195 Ioniq 5 and 1 Ioniq Electric) in the Southeast Asian country market in May, the agency explained in detail. This represented 98% of the 200 EVs sold in Indonesia during the month, it was reported.
Other electronics sold in the country include the Nissan Leaf, Lexus UX300e and Toyota C + pod.
If warmer cars are considered, the total number of car sales in Indonesia is 396,153 for the first five months of this year, with Japanese manufacturers taking up less than 93% of the market.
This year, Hyundai aims to increase its presence in the Indonesian market. In 2021, its share was only 0.3%. However, no goals have been announced.
Over the past five months, Hyundai’s stock jumped 2.4% from the Creta SUV taken to the domestic market by electric models.
Hyundai has invested $ 1.55 billion to build a factory in Indonesia that can produce up to 150,000 units a year. Creta has been collected there since January and Ioniq 5 since March.
To increase sales, Hyundai plans to launch a small Stargazer car in Southeast Asia in the third quarter of this year.