Indonesia not to fear global China EV competition: AHY
Jakarta, June 29 -- Indonesia must not be intimidated by China's dominance in the global electric vehicle (EV) market, Coordinating Minister for Infrastructure and Regional Development Agus Harimurti Yudhoyono (AHY) declared on Monday.
Speaking at a press conference for the launch of Grab's new electric fleet expansion in Jakarta, AHY stated that global competition should instead serve as a catalyst to accelerate Indonesia's national electric vehicle industry with local brands and higher domestic content.
"China can be said to dominate the global EV market, and many are finding it difficult to compete with China. But do not forget that starting out naturally involves imperfections, trial and error, followed by development and research,"...
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