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.
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- Meanwhile, the premium automobile market in Indonesia is actually rather small.
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