GAC EAN Electric Vehicle Brand Enters Indonesian Market

PT Indomobil Sukses Internasional Tbk (Indomobil) has once again shaken up the Indonesian electric vehicle market, now partnering with GAC Ean after bringing in Citroen, Great Wall Motors, and Yadi. The company is one of four subsidiaries of Chinese auto giant Guangzhou Automobile Group Co Ltd (GAC), and the brand competes with BYD and Tesla in the country, with its presence bound by a distribution agreement signed between GAC EAN New Energy Vehicle Co Ltd (GANEV) and the Indomobil Group.The president of the Indomobil Group has revealed that the initial phase, i.e., this year, will see the launch of at least two products in Indonesia, which are expected to start in July 2024 (GIIAS 2024) and then by the end of the year will be immediately produced using CKD (fully bulked). The two models are the GW Aion Y Plus and Hyper HT because they fit the profile of Indonesian EV users and are affordable.

Later on these models will be produced in facilities that are already owned, of course there will be additional investments, but not too many and they can be produced quickly, and the Managing Director of GAC EAN New Energy Vehicle Co. is also very happy with the partnership. In the long run, the company plans to create an EV ecosystem in the country. GAC EAN is currently one of the few automakers in the world that can independently develop and produce the core technologies of batteries, motors, and electronic controls. As a subsidiary of GAC Group established in 2017, it aims to become a world-class smart electric vehicle brand along the path of EV and ICV development. Indonesia itself is one of the ASEAN countries with great potential, with its large population, the fourth largest in the world, and strong economy and industry.