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Partnerships with Countries Experienced in EV Development Essential, Says Indonesian Business Leader
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(Dan Tri) - BYD has aggressively reduced prices to maintain its throne, but this bold change is causing the Chinese electric vehicle market to fall into a spiral of debt pressure, shrinking profits, and concerns about a new Evergrande scenario.
Partnerships with countries experienced in EV development essential, says Indonesian business leader
Partnerships with countries experienced in electric vehicles (EV) development, particularly China, will be essential for the Indonesian EV industry, an Indonesian business leader told Xinhua. Indonesia’s automotive industry has developed rapidly over the past 50 years and has been undergoing a shift toward cleaner energy vehicles. With the swift adoption of EVs, the country has emerged as a promising destination for nickel investment. Kukuh Kuma…
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