Archive: 17 February 2025
1 article found
Mon, 17 Feb 2025, 17:19 WIB
China's Neta Auto EV Sales Soar 500% in Indonesia, Sparking Sovereignty Concerns
Chinese EV manufacturer Neta Auto's 500% sales growth in Indonesia has established significant market presence but raised concerns about local industry competitiveness and national economic sovereignty. The rapid influx of competitively-priced Chinese imports threatens local automotive manufacturers and risks market saturation followed by price increases once dominance is established.