BYD to Invest in Indonesia, Factory to Start Production in 2026, Confirmed by Minister Luhut
Indonesia's Coordinating Minister for Maritime Affairs and Investment Luhut recently revealed that Chinese well-known electric vehicle manufacturer BYD plans to start investment activities in Indonesia in July 2024. This news is based on a report from the Deputy Coordinating Minister for Investment and Mining who recently returned from China. Luhut stated that BYD's factory construction project is scheduled to start in July, and all progress will be disclosed in detail in the future. He emphasized that to ensure the effective construction of the ecosystem, the government will ensure that all relevant departments and institutions are equipped with complete electric vehicle charging facilities, thereby promoting the formation of an electric vehicle ecosystem between Jakarta and Surabaya. The government aims to encourage
Yongqing Environmental Protection Cooperates with Indonesia Dexin Steel to Jointly Promote Distributed Photovoltaic Power Generation Project
Zibo Economic and Trade Delegation Signs Multiple Agreements in Indonesia to Expand Global Market
Shengxin Lithium Energy Provides Buyback Progress and Indonesia Lithium Salt Project Update
Indosat Ooredoo Hutchison and Huawei Join Hands to Promote Digital Infrastructure and AI Technology Development
Wuling Cloud EV Debuts in Indonesia: Innovative Design and Ultimate Comfort
Recently, Wuling launched its latest electric model, the Wuling Cloud EV, in the Indonesian market, marking the company's third electric vehicle introduction in the country. The vehicle will be produced in Indonesia. Although Wuling has not yet announced the specific price of the Cloud EV, it is expected to exceed the price of its Binguo EV model, as the Cloud EV aims to fill the gap above the Wuling Binguo EV in the market. At the 2024 Indonesia International Motor Show (IIMS), sales representatives at the Wuling booth revealed the expected price range for this new electric vehicle. The Wuling Clo
Exploring the New Era: Opportunities and Challenges for Chinese Enterprises Investing in Southeast Asia
On February 28, a forum themed "Mining and Game Theory: Opportunities and Challenges of Investing in Southeast Asian Countries" was successfully held in Beijing. Guided by the China Friendship Promotion Association and hosted by the Thai-China Friendship Relations Association, the event attracted over a hundred representatives from government, academia, and business to deeply discuss the investment prospects of Chinese enterprises in ASEAN countries. With the economic transformation of the 21st century, traditional resource extraction models are gradually fading out, and demand for new energy and rare metals has surged. In response to this change, a new investment strategy combining resource cooperation, infrastructure construction, and production capacity cooperation has gradually
BYD Shines at 2024 Indonesia International Auto Show: Debuts Four Models and Announces Pricing
Recently, BYD made a splash at the 2024 Indonesia International Auto Show with its four new models, while also revealing pricing information for models including the BYD DOLPHIN (known as Dolphin in overseas markets), BYD SEAL (known as Seal overseas), and BYD ATTO 3 (known as Yuan PLUS overseas). This marks another significant milestone for BYD since its announcement on January 18 of its official entry into the Indonesian automotive market. At the 2024 Indonesia International Auto Show, BYD's exhibition space reached 1505
Three Key China-Indonesia Cooperation Projects
Jakarta-Bandung High-Speed Railway The Jakarta-Bandung High-Speed Railway began full construction in June 2018 and officially opened on October 2, 2023. With a total length of 142 km and a maximum design speed of 350 km/h, it connects Indonesia's capital Jakarta with Bandung. It is the first overseas project of China's high-speed rail to involve the entire system, all elements, and the complete industrial chain, and it is also a landmark project of the China-Indonesia joint construction of the Belt and Road and pragmatic cooperation. Floating Solar Photovoltaic On November 9, 2023, the largest floating solar photovoltaic project in Southeast Asia, undertaken by a Chinese enterprise, achieved full-capacity grid connection at the Cirata Reservoir in West Java, Indonesia. The project is expected to generate 300,000 MWh of electricity annually, providing clean power for approximately 50,000 households.
SUPCON and Indonesia's State Gas Company Officially Sign Strategic Cooperation Memorandum
Recently, SUPCON Technology Co., Ltd. (referred to as “SUPCON”) and Perusahaan Gas Negara (referred to as “PGN”) officially signed a strategic cooperation memorandum on automation and intelligence for natural gas pipeline network facilities, marking a solid and important step for SUPCON and PGN in jointly promoting the digital, intelligent, and green development of the energy industry. PGN Group Director and President of Strategy and Business Development Rosa Permata Sari, President Assistant Taufan Zamzami, Head of Business Development Dimas Haryo Dito, PGNCOM (PGN's subsidiary for telecommunications, digitalization, and informatization) Chairman and President Larassetyo Wibowo, SUPCON Chairman and President Cui Shan, SEA Regional President Jack Li, and Indonesia Branch General Manager Huang Di attended the signing ceremony. Rosa Permata Sari and Cui Shan signed the agreement on behalf of both parties.
Shandong Lingong Holds Its First On-Site Mining Promotion Event in Indonesia, Highly Praised by Industry
Recently, at a coal mining area in Kalimantan, Indonesia, Shandong Lingong meticulously organized its first on-site mining promotion event in the region. The event attracted over 120 key guests, including coal mine owners, contractors, and industry media. The event was held in the format of "on-site demonstration + case sharing + hands-on experience," providing participants with an extremely vivid and authentic experience, which received enthusiastic responses and high praise. After an in-depth analysis of market demand and competitive conditions in Indonesia, Shandong Lingong carefully planned this on-site promotion event, inviting customers to the mining site to observe
Doudou Tech Logistics: Linking China and Indonesia, a Pioneer in Cross-Border Supply Chains
Against the backdrop of China's logistics industry producing many giants, Doudou Tech Logistics, originating from Guangdong, has gradually carved out a niche in the Indonesian market through its outstanding technological capabilities. According to a joint survey report by Google and Temasek, the Southeast Asian e-commerce market has surged from $540 million in 2015 to an estimated $8.78 billion by 2025, a growth of 1626%. Within this growth, the potential of the Indonesian market is particularly prominent, expected to account for 52% of the total Southeast Asian e-commerce market. Indonesia, with a population of 238 million