EV Indonesia 2024 – The 3rd Edition of The Largest Trade Exhibition in Southeast Asia for Electric Vehicle and Automotive Industry
According to a joint study conducted by AC Ventures and e-mobility association AEML, the total of the electric vehicle ecosystem market in Indonesia is estimated to surpass USD 20 billion in 2030. This study shows that the Research & Development (R&D) and electric vehicle manufacturing sector offers the largest total market, around USD 12.5 billion to USD 15 billion in 2030.
Besides, the market size for cell manufacturing and battery management systems is estimated to be worth around USD 3 billion to USD 4.5 billion, while charging infrastructure is estimated to reach around USD 2 billion to USD 3 billion in 2030.
The study also revealed that services, maintenance, and battery recycling industries will reach a market size of around USD 500 million to USD 1.5 billion in 2030. However, the battery recycling industry is estimated to not be enough in 2030 because the existence of electric vehicles is fairly new in the Southeast Asia region, especially because electric vehicle batteries generally last about 10 years.
GEM Indonesia is committed to supporting the Indonesian government in advancing the electric vehicle industry in Indonesia by presenting business platform that will be attended by key players in manufacturing, technology, and electric vehicle solutions industries.
EV Indonesia 2024 is a leading trade exhibition in Indonesia for electric vehicles and manufacturing solutions. In its 3rd edition, it will take place in the same location as INAPA 2024, the largest automotive industry trade exhibition in ASEAN. This exhibition is targeted to present 1,200 exhibitors and attract 35,000 business visitors. The exhibition will be held on 15 – 17 May 2024 in JIExpo Kemayoran, Jakarta – Indonesia.
EV Indonesia 2024 will bring trends and latest technologies for electric vehicles and manufacturing solutions, including batteries, power plant machines, IT systems, materials, equipment, and services related to electric vehicles. This exhibition will be attended by government officials, entrepreneurs, practitioners, academics, and corporate leaders to discuss and exchange insights about electric vehicles and manufacturing solutions.
This article was originally published by GEM Indonesia.
