Tag: Electric vehicle market Indonesia
Related Posts
EV Overtake Hybrids in Indonesia, Car Market Shrinks 15% in May
Indonesia’s car market shrank sharply in May, with wholesale vehicle sales plunging 15.1% year-on-year, as high borrowing costs, weak consumer sentiment, and sluggish wage growth continued to weigh on Southeast Asia’s largest automotive economy. Yet amid the broader contraction, one ...
File image of the Coca Codo Sinclair dam in Ecuador that was financed and built by China. Image via amalavida.tv CC BY 2.0
By Julie Radomski Ten years after the Coca Codo Sinclair hydroelectric dam first came online, the Chinese state-owned construction company Sinohydro Corporation finally turned the project over to the Ecuadorian state last Friday. Yet Ecuador only agreed to accept it under the condition that ...
EV Overtake Hybrids in Indonesia, Car Market Shrinks 15% in May
Indonesia’s car market shrank sharply in May, with wholesale vehicle sales plunging 15.1% year-on-year, as high borrowing costs, weak consumer sentiment, and sluggish wage growth continued to weigh on Southeast Asia’s largest automotive economy. Yet amid the broader contraction, one ...