Indonesia's Automotive Industry Won't Hit the Brakes Anytime Soon

... 2023 for localization and new car model development, among other ... we are optimistic that Indonesia's automotive industry will thrive in 2020 ... amid stagnating car sales. We expect national car sales will ... industry. Such a combo is able to lower electric car ...

Indonesian Economy Resilient and Strong: Chief Economy Minister

... above 50 reflects optimism. Indonesia's balance of payments ... lenders' capital adequacy ratio (CAR) was at 23.6 percent ... outbreak," Airlangga said. Indonesia has banned all travelers ... Indonesia was quite fortunate because the country's automotive industry ...

Credit Growth Will Recover in 2020: OJK

... in the 2020 Financial Services Industry Annual Meeting in Jakarta ... turmoils still cast shadows over Indonesia's economy this year. ... growth. The government and Bank Indonesia (BI), the central bank, ... . Banks' capital adequacy ratio (CAR) was at 23 percent last ...

PSI Politicians Demand Cancellation of Jakarta's Formula E Race

... use of electric vehicles in Indonesia. But Anthony wondered if ... to promote and build electric car infrastructure without having to ... install thousands of electric car chargers around the city ... Jakpro? No, no. The tourism industry, from airlines, hotels, to ...

Charged Up

... kickstart the domestic charging station industry as mandated by a 2019 ... president director of BMW Group Indonesia, Ramesh Divyanathan, demonstrated the charging ... using a BMW i3S electric car at the BPPT building in ...

Jokowi-Endorsed Carmaker Esemka Opens for Business

... started off as a car designed and assembled by ... closest thing to a national car. The president has been ... national automotive industry, supporting national brands," he said. Indonesia is the ... principals, the car will sell," he said. Industry Minister Airlangga ...

Nickel Ore Export Ban Is Good for Indonesia: Vale

... impact to the local nickel industry and the Indonesian economy ... president director of Vale Indonesia, however, said Indonesia may be better ... its ambition to make electric car batteries from nickel ores. ... limonite ores for electric car batteries are grade 1. ...

Jokowi Signs Regulation to Boost Development of Electric Cars

... regulation would ensure that Indonesia's electric car industry exploits this advantage. " ... We know 60 percent of electric car ... an inexpensive and competitive electric car industry. Because we have the ingredients ...

Electric Car Regulation Stumped by Protectionist Tendencies

... forth on an electric car regulation that is promised ... said instead of forcing electric car manufacturers to source from ... are available in abundance in Indonesia. Finance Minister Sri Mulyani ... ecosystem of the electric vehicle industry. It will include many ...

Domestic Car Sales Drop 13% in First Half

... the brakes on commercial car sales as continued ... Indonesia's largest car distributor, quoting data from the Indonesian Automotive Industry ... some manufacturers pessimistic that car sales can match ... On the other hand, Indonesia's car exports have been increasing ...