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Search resuls for: "Agus Gumiwang Kartasasmita"


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[1/5] A worker stands near a Mini Cooper Electric car, that is displayed during the Gaikindo Indonesia International Auto Show in Tangerang, near Jakarta, Indonesia, August 10, 2023. REUTERS/Willy KurniawanTANGERANG, Indonesia, Aug 10 (Reuters) - Indonesia said on Thursday it would give automakers two more years to qualify for electric vehicle incentives in Southeast Asia's largest auto market, a move followed by investment commitments by China's Neta EV brand and Mitsubishi Motors. The moves announced at the Jakarta auto show come as Indonesia races Thailand and India to build out an EV industry as an alternative to China, the world’s largest producer. Indonesia is Southeast Asia’s largest auto market and its second-largest production hub behind Thailand. Until now, only two manufacturers have shifted enough production to Indonesia to qualify for full incentives: Wuling Motors (0305.HK) and Hyundai (005380.KS).
Persons: Willy Kurniawan TANGERANG, Agus Gumiwang Kartasasmita, ” Agus, Wuling, Hiroyuki Ueda, Stefanno Sulaiman, Kevin Krolicki, Conor Humphries Organizations: Cooper, REUTERS, China's, Mitsubishi Motors, Toyota, Daihatsu, Honda, Mitsubishi, New Energy Automobile, Wuling Motors, HK, Hyundai, Wuling, Air EV, Reuters, Gaikindo, Auto Show, Astra Motor, PT Astra International, Thomson Locations: Indonesia, Tangerang, Jakarta, Thailand, India, China, Southeast, Neta, Gaikindo Indonesia
A man walks near Mitsubishi cars as he visits Tokyo Motor Show in Tokyo, Japan October 24, 2019. "We are optimistic that, if implemented, this can boost investment and increase demand to use EVs," Agus said. A Mitsubishi spokesperson said executives from its Tokyo headquarters on Wednesday met with Agus for talks, declining to comment further. Mitsubishi reported combined retail and wholesale sales in the ASEAN region of 120,000 vehicles for the three months to June 30, dropping 1.6% from a year earlier. In Thailand, its retail and wholesale sales slumped to 17,000 units during that period, down from 25,000 a year earlier.
Persons: Soe Zeya, Agus Gumiwang Kartasasmita, Agus, Bernadette Christina, Fransiska, Rocky Swift, Daniel Leussink, Louise Heavens, David Evans Organizations: Mitsubishi, Tokyo Motor, REUTERS, Mitsubishi Motors, Wednesday, Japan's Nikkei, Guangzhou Automobile Group, Thomson Locations: Tokyo, Japan, JAKARTA, Indonesia, Thailand, China, ASEAN, Jakarta
TOKYO, June 8 (Reuters) - Japanese truck maker Isuzu Motors (7202.T) on Thursday said it was not planning to move a factory from Thailand to Indonesia, a day after the Indonesian industry minister said the company would do so. "While our company continues to focus on Indonesia as a major market, there are no plans to relocate a Thai factory to Indonesia," an Isuzu spokesperson said. Indonesian Industry Minister Agus Gumiwang Kartasasmita had said on Wednesday that Isuzu planned to move the factory and could start production as early as next year. A ministry spokesperson on Thursday did not immediately respond to a request for comment on the denial from Isuzu, which already has a factory in Karawang, Indonesia. Shares of some Thai auto parts companies sold off on Thursday after reports of the comment from the Indonesian industry minister.
Persons: Agus Gumiwang Kartasasmita, Daniel Leussink, Stefanno Sulaiman, Gerry Doyle Organizations: Isuzu Motors, Isuzu, Indonesian Industry, Thomson Locations: TOKYO, Thailand, Indonesia, Thai, Karawang, Tokyo, Jakarta
JAKARTA, March 6 (Reuters) - Indonesia will provide incentives to boost sales of electric vehicles (EVs) starting March 20 as part of efforts to accelerate adoption and attract investment into production, senior cabinet minister Luhut Pandjaitan said on Monday. The programme will cover sales of 200,000 electric motorbikes and 35,900 electric cars, said Industry Minister Agus Gumiwang Kartasasmita. Officials have been trying to attract investment from electric car makers such as the United States' Tesla and China's BYD Auto. South Korea's LG and Hyundai have started construction on plants to assemble batteries and electric cars in the Southeast Asian country. "We believe with this programme, (auto companies) would be more attracted," Agus said, adding that companies eligible to join the programme are required to have a plant in Indonesia.
JAKARTA, March 6 (Reuters) - Indonesia will tighten customs checks at small ports to crackdown on the illegal import of second-hand shoes, the industry ministry said on Monday, responding to a Reuters report that found footwear donated to a recycling scheme in Singapore was shipped to Indonesia. In 2015, Indonesia banned the import of second-hand clothing and footwear over concerns about hygiene, as well as to protect the local textile industry. In a statement titled "dismantling the scandal of illegal imports of used shoes", Indonesia's Ministry of Industry said that as a result of the Reuters story it would increase checks at ports to intercept any illegal second-hand shoe shipments. "This incident shows that the illegal import of used shoes is carried out in an organised manner and misuses social projects," Industry Minister Agus Gumiwang Kartasasmita was quoted as saying in the statement. "The practice of illegal importation of used shoes must be stopped because it has a bad impact on the domestic footwear industry."
President Joko Widodo told the same news conference: "We hope with these incentives, the electric motorcycle and electric car industry will grow". Indonesia targets 20% of overall car sales in 2025 to be EVs, Airlangga said. Companies that have invested or have announced planned investments in EV manufacturing in Indonesia include Toyota Motor Corp (7203.T), Mitsubishi Motors Corp (7211.T) and Hyundai Motor Co (005380.KS). SGMW Motor Indonesia, part of a joint venture of SAIC Motor Corp Ltd (600104.SS), General Motors Co (GM.N) and Wuling Motors Holdings (0305.HK), has an EV assembly facility in the Southeast Asian country. Indonesia has also tried to court U.S. firm Tesla (TSLA.O) to invest to produce not just EV batteries but also cars in the country.
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