- Hyundai Motor completes its first manufacturing plant in Indonesia with an annual production capacity of up to 250,000 units per year
- The plant is Hyundai’s first facility to produce battery electric vehicle (BEV) in Southeast Asia beginning with production of IONIQ 5
- Hyundai to produce strategic models, including CRETA SUV and newly developed Multi-Purpose Vehicle (MPV) model for the Southeast Asia
- Hyundai to present customer-centered innovations in Indonesia, including build-to-order, mobility membership platform as well as online retail sales platform
Hyundai Motor Company today inaugurated Hyundai Motor Manufacturing Indonesia, its first factory in Southeast Asia, located in Deltamas industrial complex near Cikarang, Indonesia, 40 kilometers east of the capital city of Jakarta.
The Indonesia Government is spearheading expansion of EV ecosystem with its measures including converting 130,000 units of government vehicles to EVs by 2030. Hyundai Motor is committed to helping to support this vision to build a robust EV ecosystem.
Hyundai’s new plant will not only produce strategic model for the region such as CRETA SUV but also competitive EV models such as the award-winning IONIQ 5 battery electric vehicle (BEV).
The IONIQ 5 is Hyundai’s first dedicated BEV model produced in Southeast Asia. The introduction of IONIQ 5 will not only reinforce Hyundai’s position as an EV pioneer in the Indonesian market.
Hyundai will build on positive EV sales momentum in Indonesia made earlier by IONIQ Electric and KONA Electric, which accounted for 87.3 percent of total EV sales in Indonesia in 2021. IONIQ 5 vehicles will be provided for the G20 Bali Summit along with the Genesis G80 Electrified.
Moreover, the company is also working with LG Energy Solutions to build a battery cell factory in Karawang, Indonesia, targeted for completion in the first half of 2023 and starting production in 2024.
The battery cell produced from the factory will support Indonesia’s EV transition with supply of sustainable EV batteries. The locally produced batteries will be sourced to produce EV models in the Indonesian plant, further enhancing EV models’ price competitiveness.
I hope that this IONIQ 5 from Hyundai will become an important milestone in the development of Indonesia’s electric vehicle ecosystem, and to further accelerate the electric car ecosystem that is more advance.
The IONIQ 5 is currently on sale in the following countries in Asia-Pacific
Australia – starting from 71,900 AUD (53,400 USD)
Hong Kong – starting from 355,488 HKD (45,450 USD)
Malaysia – starting from 200,000 MYR (47,700USD)
South Korea – starting from 52 million won (43,000USD)
Taiwan – starting from NT$1.45 million (51,100USD)
Thailand – starting from 1.75 million Baht (52,60USD)
Singapore – starting 159,999 SGD (118,000USD)
