Indonesia EV competition heats up with VinFast and BYD debuts

Indonesia EV competition heats up with VinFast and BYD debuts

FILE PHOTO-Security guards stand at the BYD booth at the Auto Shanghai show, in Shanghai, China April 19, 2023. REUTERS/Aly Song/file photo

Competition in Indonesia’s electric vehicle market is intensifying as Vietnamese automotive manufacturer VinFast and China’s BYD enter Southeast Asia’s largest economy with passenger car debuts.

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