RiderTua.com – The development of the electric car market in Indonesia is increasingly rapid as time goes by. The number continues to increase, not only CBU cars, locally assembled cars are also increasingly being sold at affordable prices. Even though electric cars are still selling well on the market, some think it is because of market trends. Most buyers are said to only follow existing trends.
Electric Cars Are Increasingly Selling Due to Market Trends
At the beginning of their presence in Indonesia, electric cars could only sell tens or thousands of units. However, as time goes by, more and more manufacturers are starting to present this type of car, especially Hyundai which is starting to electrify cars. They also present the first locally assembled BEV car here, at a fairly affordable price.
Last year alone, sales of electric cars in Indonesia reached 10 thousand units, although this has still not caught up with the sales figures for hybrid cars. This high sales result is due to the incentives provided and the large number of locally assembled cars that are sold at affordable prices. However, most buyers are said to be just following trends or, more precisely, FOMO (fear of missing out).

Keep Developing the Market
Honda sees that most consumers buy electric cars because they don’t want to miss out on the new models launched every month. Apart from that, some people choose not to buy it because the resale value is not as good as ICE (internal combustion engine) or hybrid cars.
This is why Honda has chosen not to sell electric cars in Indonesia for now. They are still continuing to carry out various studies before starting to sell it, even though there is a BEV model that will soon be produced and sold in Thailand. However, they do not want to take many risks given the number of challenges they face.
Despite these challenges, Honda still believes that the electric car market must continue to be developed. Of course, electrification can continue in the next few years.