Rancakmedia.com - Hyundai electric car which costs IDR 21 trillion to start production at the end of 2021. The electric car factory project was built by a company from South Korea, Hyundai Group in Deltamas City, Central Cikarang, Bekasi, West Java.
It should be a concern if South Korea prioritizes West Java as the highest investment position. Up to 40 % South Korean investments will be implemented in the Ridwan Kamil area in the near future. One of the investments made is the ongoing construction of a Hyundai factory in Cikarang.
The target is for the factory project to be in process as of July 2021 and can start production at the end of this year. "It has almost reached 90% and will be completed more or less in July where at the end of this year we can start production," said Sales Director of Hyundai Indonesian car Erwin Djajadiputra at the PLN ICE 2021 event, Monday (12/4/2021).
To note, the Hyundai Group has invested in Indonesia to build the electric car factory of up to US$ 1.5 billion or the equivalent of Rp. 21.8 trillion.
The plan, at the factory later, Hyundai will produce electric vehicles (electric vehicles/EVs), and other cars of the compact SUV, compact MPV, and sedan models.
The factory capacity is projected to reach 150,000 units of vehicles per year and is expected to increase to 250,000 units of vehicles each year.
The target is that apart from supplying the local Indonesian market, the factory's production will also be aimed at new markets in the ASEAN region, such as Vietnam, Thailand, Malaysia and the Philippines.
While waiting for the car factory to be finished, this car itself has marketed several electric cars such as the Ioniq and Kona Electric electric cars.
The agreement with an investment value of US$ 1.55 billion will cover operational costs and product development. Completely or completely built up (CBU) models marketed in Indonesia, including the Hyundai Kona and Ioniq electric cars.
According to data from the Association of Indonesian Automotive Industries (Gaikindo), Hyundai has imported 612 cars from January to February 2021.
Gaikindo noted, of the total, the company sent 323 Kona EV and Ioniq EV units as CBU from South Korea. This means that the two electric cars accounted for 52.7 percent of the company's total imports.
The following are questions that we have collected regarding the discussion from the articles that have been submitted, more detailed information below:
List of Hyundai electric cars
So far, the South Korean brand has marketed three models of electric vehicles in Indonesia. Among them are the Hyundai Kona Electric, IONIQ Electric and IONIQ 5 which are their first locally produced electric cars in Cikarang, West Java.
Do Electric Cars Pay Taxes?
The electric car is a type of car that gets a very large PPnBM tax incentive. This electric car tax regulation is included in PP No. 74 of 2021, namely the PPnBM sales tax for electric cars is subject to 15% on the basis of a tax assessment of 0%.
Hyundai Kona Electric Car Tax Price?
This applies to PKB for electric vehicles for people or goods as well as for public transportation of passengers or goods. For example, the Hyundai Kona EV has to pay tax of IDR 7.5 million every year because the base price is quite high, now you only need to pay 10%, which is IDR 750,000.
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