Tag: Electric vehicle market Indonesia
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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 ...
A child shakes hands with a robot during the World Artificial Intelligence Conference (WAIC) in Shanghai on July 28, 2025. (Photo by Hector RETAMAL / AFP)
By Laurie Chen China's scramble to adopt artificial intelligence will spawn new jobs and propel the world's second-largest economy, say policymakers and company executives, as they play down growing global fears that the technology could stunt employment. Plans unveiled ...
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 ...