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Jakarta Post

Chinese EV makers may relocate plants to Indonesia

  • The Jakarta Post

Jakarta   /   Fri, July 12 2019   /  02:30 am

Two electric car manufacturers from China are reportedly seeking to relocate their factories to Indonesia in response to the trade war between the country and the United States, an official from the Office of the Coordinating Maritime Affairs Minister has said.A ministry undersecretary for infrastructure affairs, Ridwan Djamaluddin, said on Wednesday, the carmakers — BYD and JAC — had expressed interest to relocate to avoid high tariffs for entering the US market.The representatives of the two companies had met several times with government officials, Ridwan said, adding that BYD had even started to talk to local partners for a project in Indonesia. However, the Chinese investors had not revealed the value of the investment. “They have not revealed the figures, but they expressed their interest,” Ridwan said as quoted by tempo.co.He said the government had also offered alternativ...