China's BYD, Neta eye growth in Indonesia with new EV investments

China's BYD, Neta eye growth in Indonesia with new EV investments

FILE PHOTO: People stand next to BYD Company vehicles, at the 2023 IAA Mobility auto show, in Munich, Germany, September 10, 2023. REUTERS/Angelika Warmuth/File Photo

Chinese electric vehicle makers BYD and Neta Auto are poised to challenge Japan’s dominance in Indonesia’s car market, announcing new investment plans and rolling out their latest models at an auto show in Jakarta.

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