Hyundai to increase EV production in Indonesia to 10,000 units this year – 3,060 units from January-May

Hyundai to increase EV production in Indonesia to 10,000 units this year – 3,060 units from January-May

Hyundai is looking to increase the production of electric vehicles (EVs) in Indonesia to 10,000 units this year. Currently, the Ioniq 5 is the only EV being produced at Hyundai Motor Manufacturing Indonesia’s (HMMI) plant in Cikarang, which has an initial annual capacity of 150,000 units. Besides the Ioniq 5, the HMMI facility also makes non-EVs like the Creta, Santa Fe and Stargazer.

As reported by CNN Indonesia, Young Tack Lee, president of Hyundai Motor Asia-Pacific HQ, revealed production of the Ioniq 5 last year was at its best just 250 units per month. This was due to the semiconductor shortage that affected the global automotive industry. This year however, Lee said production of the Ioniq 5 has improved to potentially hit 1,000 units per month, which should reduce customer wait times.

According to production data from the Association of Indonesia Automotive Industries (Gaikindo), Hyundai produced a total of 1,865 units of the Ioniq 5 in 2022, which works out to around 155 units monthly.

Meanwhile, from January to May this year, 3,060 units of the Ioniq 5 have been produced in Indonesia, or around 1,011 units per month. With a production target of 10,000 EVs for the whole of 2023, the average monthly unit count would be around 833 units.

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Gerard Lye

Originating from the corporate world with a background in finance and economics, Gerard’s strong love for cars led him to take the plunge into the automotive media industry. It was only then did he realise that there are more things to a car than just horsepower count.

 

Comments

  • Peppa on Jul 13, 2023 at 10:34 am

    How i wish we get the made in korea Ioniq. Ugh

    Like or Dislike: Thumb up 6 Thumb down 5
    • barren wing on Jul 13, 2023 at 4:11 pm

      CBU from korea will make the cost high and expensive remember right now korean cars brand not just facing japanese and european but also chinese if they don’t build in indonesia how they can fight the chinese ev that cost extremely cheap take a look at kia niro ev that cost very expensive either than byd atto 3

      Like or Dislike: Thumb up 2 Thumb down 1
    • Celup King on Jul 14, 2023 at 8:59 am

      Mahathir bapak automotif Thailand
      Anwar bapak EV Indonesia
      Tahniah pengkhianats negara!

      Like or Dislike: Thumb up 1 Thumb down 0
    • Peter on Aug 12, 2023 at 7:46 am

      Actually Ioniq 5 in Malaysia are CBU from Korea, since Indonesian made Ioniq 5 does not featured Solar panel and AWD, unlike Malaysian market.

      Like or Dislike: Thumb up 0 Thumb down 0
  • PT should ask them why only 2 years or 50000 km warranty on Ioniq 5? It doesn’t spell confidence on their own product.

    Like or Dislike: Thumb up 0 Thumb down 0
  • GengM on Jul 13, 2023 at 12:24 pm

    Hyundai move from Malaysia to Indonesia.. now they start EV production there…
    Due to incompetency, investment & job were loss…
    Malaysia end up using dugong with blood sucking car like toyota..

    Like or Dislike: Thumb up 8 Thumb down 2
    • Keyboard warrior on Jul 13, 2023 at 3:31 pm

      Blame the distributor who offer mediocre and overpriced products during that time, not the government or the consumer.

      Like or Dislike: Thumb up 2 Thumb down 0
      • who to blame for sgd3.4 and usd4.6 on Jul 14, 2023 at 11:50 pm

        incompetent government? lazy workers? corrupt civil servant?

        Like or Dislike: Thumb up 0 Thumb down 0
        • Peppa on Jul 15, 2023 at 9:08 am

          Why is the government put to blame when Hyundai stop building their cars in Malaysia? Where were you during that time? Hyundai move to indon because the labor cost is much cheaper there otherwise they might move to Thailand instead because the EV market is higher

          Like or Dislike: Thumb up 0 Thumb down 1
          • barren wing on Jul 18, 2023 at 9:58 am

            korean cars wouldn’t go for thai because of the competition market that seems tight with the japanaese automakers and right now chinese brand are invest heavily their GWM, BYD, MG, NETA, GAC, Changan, Nissan, Honda, Toyota, mercedes, BMW

            Like or Dislike: Thumb up 0 Thumb down 0
 

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