Nezha Automobile launches localized production in Indonesia to accelerate global layout

On May 31, 2024, PT Handal Indonesia Motor (HIM), as an electric vehicle manufacturer in Indonesia, released the latest electric vehicle model NETA V-II, which is locally produced in Indonesia. The car has been produced in CKD (completely knocked down) mode, with preliminary assembly carried out by PT Handal Indonesia Motor (HIM) in Bekasi, West Java for its latest model NETA V-II. This marks the official launch of localized production in Indonesia.

Kong Fanlong, co-president of Indonesian Nezha Automobile, said that this initial mass production in the form of CKD is an important milestone. He expressed his deep gratitude to the Indonesian government, PT Handal Indonesia Motor and all partners and colleagues, believing that this is not only a critical moment for Nezha Automobile to successfully enter and gain a foothold in the Indonesian market, but will also greatly promote Indonesia's development. The automotive industry moves forward.

The data editor understands that Kong Fanlong further revealed that with the launch of localized production, they hope that the Nezha factory in Indonesia can meet the continued growth of the market demand for smart electric vehicles, and is expected to make the factory Nezha An important production base for automobiles, thereby supporting their export from Indonesia to other countries.

There are currently three factories planned overseas. Among them, the Thailand factory has started production at the end of November 2023, and achieved large-scale production on March 13 this year. The main base for the production of right-hand drive electric vehicles in ASEAN countries. Recently, Indonesian factories have also started localized production using CKD. There are three forms of KD: CKD, SKD and DKD, which respectively represent complete component assembly, partial component assembly and complete vehicle assembly. They refer to the import of bulk parts from abroad and then assemble and produce them domestically.

In addition, there are reports that Malaysia completed the groundbreaking ceremony of its third overseas factory in January this year. The factory is located in the Rembau Chembong Industrial Zone in Negeri Sembilan and is scheduled to officially go into production in 2025. This will further strengthen Malaysia’s leadership position in the local market.

According to statistical data, the overseas sales of Nezha Automobile have exceeded 20,000 units in 2023, a year-on-year increase of 567%. Among them, Nezha Automobile has planned to further accelerate its pace of globalization in 2024, planning to expand its market coverage to more than 60 countries and increase its number of overseas channels to more than 500.

The above is the detailed content of Nezha Automobile launches localized production in Indonesia to accelerate global layout. For more information, please follow other related articles on the PHP Chinese website!