Indonesia has reportedly received an investment proposal from Tesla Inc. requesting access to its nickel reserves. Once the largest producer of nickel in the entire world, Indonesia’s government started enacting regulations on the exportation of specific mineral ores in an effort to boost the local smelting industry and set up a more robust supply chain focused on lithium batteries.
This resulted in a huge price surge in 2019, as the nation began running mining opportunities under the noses of various industries that would be interested in the raw materials necessary for battery production.
Having recently announced plans to “popularize” battery electric vehicles, Toyota now expects half of its global volume to stem from electrified cars by 2025. That’s five years sooner than originally promised.
Toyota may seem perpetually averse to change but it has been making a lot of moves behind the scenes to ensure it’s at the forefront of a shifting market while also trying to future proof itself in the event that electrification winds up being a dead end. The plan is rather complex and, as I don’t want to re-write a 900-word article, I would like to redirect you to the relevant information.
However, as nuanced as Toyota’s overall strategy may be, the company is still going to need to spend truckloads of cash to remain in the game. With that in mind, the Japanese automaker appears to be investing $2 billion to develop electric vehicles in Indonesia over the next four years — with hybrids being first on the docket. (Read More…)
Indonesia is the biggest vehicle market in Southeast Asia, and Ford Motor Company is running away from it.
The automaker’s announcement earlier this year that it plans to stop selling vehicles in the country came as a shock to dealers, who now want Ford to compensate them in a big way, Reuters reports. (Read More…)
Last year, Renault-Nissan resurrected Datsun, positioning the brand for emerging markets — like India, Russia and Indonesia — with a portfolio of models that would attract new, young consumers whose wallets were a bit thin.
Emerging markets have been a big theme at TTAC for the past few years, with our coverage going beyond the cursory articles on automotive developments in the BRIC countries. Our articles on places like North Africa and Indonesia aren’t always the most popular, but we keep an eye on them for a very important reason. These countries are the final frontier for growth in the automotive sector.
Datsun’s newest vehicle, unveiled in Jakarta today, is a stretched version of the Go, dubbed the Go+. While this will elict a shrug of the shoulders for most of you, it’s an astute move by Datsun.
The wraps are finally off the first Datsun in decades – dubbed the Go, this will be Nissan’s major push into low cost motoring, with a starting price under $6,700.
As far as emerging markets go, Indonesia is one of the hottest. “The country of 240 million people bought one million cars last year, and sales by some estimates are expected to double over the next three years,” says Reuters. The only trouble: Most of the cars are and will be Toyotas. GM wants to do something about it with a no-frill people mover designed in Brazil. (Read More…)
Reuters takes a look at GM’s attempts to turn around their decades-long slog in Indonesia, with this gem highlighting the nature of their struggle.
“We started in Indonesia in 1938. We have been so successful, we have seven-tenths of a point of market share in 75 years. Are you (kidding) me?” Tim Lee, head of GM’s international operations, said in an interview. “That is not constancy of purpose.”
In a world obsessed with quantity, volume, economies of scale, speed, expedience and all that comes with it, wouldn’t it be nice if someone wanted to ease up a little and make sure things work?
The Volkswagen Microbus, Mazda MPV and GMC Safari. These are the now-departed vans that were driven by their rear wheels, but ultimately fell victim to market forces, technological progress or the insurmountable drive to make cars greener and safer. With the Microbus just recently going out of production, Toyota is the sole torch bearer for the rear-drive van. But you’ll have to go to Indonesia to find it.
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