BYD's expansion in Indonesia includes launching three EV models and a significant investment in a new factory, aligning with Indonesia's incentives to attract major EV players and bolster the local industry.
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Wuling is currently the largest player in the Indonesian EV market, owning more than half of the local EV share.
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The company may purchase 500 EVs this year. About 80% of the EVs will be BYD, including BYD E6 and BYD T3.
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