Hyundai Motor chairman discusses future industries with Indonesian president

Indonesian President Joko Widodo (L) talks to Hyundai Motor Group Chairman Chung Eui-sun in a car during his visit to Seoul on July 28.

Hyundai Motor Group Chairman Chung Eui-sun exchanged views on future industries, including human-centric smart cities and future smart mobility solutions, during a meeting with Indonesian President Joko Widodo July 28.

“Hyundai Motor Group has a diverse business portfolio that encompasses cars, construction, logistics, robots, advanced air mobility (AAM) and green business,” said Chung, who met with the visiting Indonesian president. at the Lotte Hotel. “We look forward to expanding our cooperation with Indonesia, from green trade to advanced sectors of the future.”

Hyundai Motor Co. sold 454 electric vehicles (EVs) in Indonesia in the first half of this year, accounting for 92% of the Indonesian EV market. Its IONIQ 5 leads the EV sales chart with 395 units, and the actual number of IONIQ 5 purchase contracts exceeds 2,000 units.

The Indonesian government plans to replace more than 10,000 internal combustion engine vehicles with electric vehicles every year from 2021 to 2030, so they will total 130,000 units. In addition, by 2025, Indonesia plans to increase the share of pure electric vehicle sales in total car sales to 20% and ban sales of internal combustion engine vehicles from 2050. These policies will fuel electric vehicle sales in the Southeast Asian country.

Chairman Widodo said he expects Hyundai Motor Group to play an important role in the growth of the green mobility industry in Indonesia. He hopes Hyundai Motor Group will become a partner providing clean mobility solutions in the Indonesian government’s project to build a new administrative capital.

About Terry Simmons

Check Also

Tech Digest presents the five most successful Nigerian technology startups in the first quarter of 2022

Nigerian startups By Abbas Badmus Nigeria has taken an unprecedented step in start-ups and innovative …