Remove Affordable Remove Indonesia Remove Market Remove Sale
article thumbnail

Reports of an electric vehicle sales slowdown may be exaggerated

Teslarati

A look at reports in the past months would show that a narrative around electric vehicle sales has formed. Considering the trends in the sales of vehicles like the Ford F-150 Lightning and startups like Lucid Motors, skeptics have claimed that electric cars are seeing a demand problem. That’s an increase of 36% from 2022.

article thumbnail

Toyota introduces new 1.0L compact in Indonesia; targeting first-time family car owners

Green Car Congress

PT Toyota Astra Motor (TAM), Toyota Motor Corporation’s (TMC’s) sales subsidiary in Indonesia, launched the “Agya”, an affordable new compact car equipped with a 1.0L engine, in Indonesia today. Daihatsu) and is produced by PT Astra Daihatsu Motor (ADM), Daihatsu’s subsidiary in Indonesia.

Indonesia 199
article thumbnail

Right on time! VinFast’s affordable range of electric cars are closer than ever to Aussie launch

EV Central

Until now limited to its home country as well as other left-hand drive markets such as North America, VinFast rolled out its right-hand drive line-up at last week’s Indonesian International Motor Show in Jakarta. At IIMS VinFast also announced plans to develop with local suppliers a nationwide charging network in Indonesia.

article thumbnail

Daihatsu and Toyota form new cooperative business in Indonesia; new compact Daihatsu and Toyota models

Green Car Congress

Daihatsu Motor and Toyota Motor are forming a new cooperative business in Indonesia, under which the two companies are to respectively market a new Daihatsu-brand and Toyota-brand compact car there. Both the vehicles are planned for display at the Indonesia International Motor Show in September as models planned for sale in Indonesia.

Indonesia 218
article thumbnail

Toyota to increase production capacity in Indonesia

Green Car Congress

Toyota Motor Manufacturing Indonesia (TMMIN), Toyota Motor Corporation’s (TMC) vehicle production subsidiary in Indonesia, plans to increase the annual production capacity of TMMIN’s Karawang Plant from 100,000 vehicles to 140,000 vehicles by early 2013. affordable multipurpose vehicle for the Asian market.

Indonesia 186
article thumbnail

EV Resurgence: Is 2024 the Turning Point for Electric Cars?

The Truth About Cars

Photo credit: Suwin66 / Shutterstock.com The electric vehicle (EV) market is experiencing a significant growth in 2024 , with expectations for sales of passenger EVs to climb by 21 percent in 2024, reaching 16.7 This trend reflects a steady rise in the EV sector, despite various external factors and policy changes affecting the market.

article thumbnail

Maruti Suzuki Jimny available with up to ?1.50 lakh discounts

Baua Electric

Besides selling it in India, Maruti Suzuki exports the made-in-India SUV to markets like South Africa and Indonesia as well. Since the launch of the Jimny, Maruti Suzuki faced criticism over the SUV’s pricing strategy, which remains a major hurdle in boosting the model’s sales numbers. lakh (ex-showroom).

Suzuki 52