Automotive Trade In Indonesia
Hydrogen gas cell R&D has spawned a cluster of homegrown firms like Hydrogenics and Ballard Power Systems, and attracted R&D investments from global OEMs. The LCGC has turn into a very popular vehicle in Indonesia and now contributes practically 25 % to total home automotive sales. Considering the nation’s per capita GDP is still below USD $4,000, affordability is generally an important issue for Indonesian shoppers when buying a automobile, and this may explain consumers’ shift to the LCGC.
This correlation between home car sales and economic progress is clearly visible within the case of Indonesia.…