Dreaming of Cheap Cars
Originally Posted By: Tempo
Unfortunately, local investors are not yet interested in producing such cheap cars. “We’ve approached them…It seems they’re concerned about the risks, because car manufacturing requires large investments,” said Budi.
why aren't they interested? i can immediately think of two strong reasons:
1. gengsi. most indonesians own a car for reasons of status, not necessity.
2. old tech. the future is electric.