Indonesian Gov’t in Talks with Geely on Electric Vehicle Development
Jakarta. The Indonesian government is actively pursuing discussions with Chinese automaker Geely to establish a joint research initiative for the development of electric vehicles (EVs), a senior official has said.
The ongoing negotiations with Geely are made with the consent of President Joko “Jokowi” Widodo, Chief Investment Minister Luhut Binsar Pandjaitan said during a visit to the South Sumatra city of Palembang on Thursday.
"We have been engaged in talks with Geely for several months, and just two days ago, we proposed a joint research project for the development of electric vehicles in Indonesia," Luhut said.
According to him, Geely has responded positively to the proposal, and discussions are currently underway to address the technical aspects of this joint research initiative.
"The president has given his approval for this plan. There's no better time than now to develop our own EVs. Through this joint research, we can make significant advancements," Luhut emphasized.
He expressed optimism that domestically produced EVs will be available by 2026.
Tags: Keywords:
as a preferred
Related Articles
EVs vs. Gasoline Cars: Which Is Cheaper to Own Over 10 Years?
EVs offer lower energy and maintenance costs, but depreciation and battery replacement can shape their 10-year ownership costs.
AI to Watch Over Indonesia’s Social Aid to Save $15 Billion
The estimated savings from the AI-backed social aid rollout are still subject to change, depending on the quality of the data.
Luhut Says Indonesia Could Attract $500 Billion Through Family Office Initiative
Luhut said Indonesia had been relatively slow to pursue the concept compared with other jurisdictions that have attracted global wealth.
Luhut Floats AI-Run Customs as Indonesia’s New Trade Regime Nears
Ex-minister Luhut Binsar Pandjaitan says nothing can escape AI as he heavily promotes the technology in the new export regime.The Latest
Jakarta Police Name 48 Suspects Over Parliament Protest Unrest
Jakarta police name 48 suspects over violence and vandalism during a protest near parliament, including three accused of carrying weapons.
bank bjb Receives Two OJK Awards at 2026 National Savings Day Celebration
bank bjb receives two OJK awards for its role in advancing financial literacy and inclusion among students across Indonesia.
Indonesia, New Zealand Eye $3.5 Billion Trade
Indonesia and New Zealand seek to leverage the halal industry's potential and existing tariff reductions for the $3.5 billion trade by 2029.
Japan to Deploy 600 Troops, Three Helicopters to Help Indonesia Fight Kalimantan Fires
Japan will deploy 600 Self-Defense Forces personnel and three CH-47 helicopters to help Indonesia fight forest and land fires in Kalimantan.
Indonesia Targets 500,000 New Textile Jobs by 2030
Indonesia is preparing a textile industry revival strategy aimed at creating up to 500,000 new jobs by 2030.Most Popular
