INAPA & EV – The Most Extensive Exhibitions Held for Automotive and Electric Vehicle Industries in Indonesia
Indonesia has become a strong automotive market in the region and with over 280 million population, Indonesia became the champion of ASEAN for domestic sales of passenger vehicles and commercial vehicles in 2023 with a total of 1,048,040 sales. Currently, Indonesia represents approximately 33% of the overall yearly automobile sales in ASEAN. With the huge number of vehicles, the automotive aftermarket in Indonesia is expected to reach about USD 13,6 Bn by 2026.
The growing urban population and disposable income among the working population are contributing to the growth of the used car industry. The higher population of middle-income groups in Tier II cities has led to the growing demand for used cars.
As the country with the third largest motorbike population in the world, the electric motorbike industry in Indonesia represents a huge opportunity of US$ 19.2 billion from both a producer and energy distribution perspective.
EV INDONESIA – an Exclusive Event for Electric Vehicles Exhibition
EV Indonesia is part of INAPA and and become an important part of completing the largest automotive exhibition in ASEAN. EV Indonesia is an event to showcase electric vehicles including parts and accessories, and is known as INDONESIA’s Leading Trade Show for Electric Vehicles & Manufacturing Solutions.
The 3rd edition of EV Indonesia will be taking place on May 15–17 2024 at Jakarta International Expo (JIEXPO) Kemayoran, Jakarta, Indonesia. The show provides an opportunity to source the latest products and technology from all automotive supporting industries.
The show will be in conjunction with INAPA 2024, Lube Indonesia 2024 and Tyre & Rubber Indonesia 2024. It will become one of INDONESIA’s most prospective one-stop exhibitions for the automotive, , lubricant, tyre, and rubber industry under one roof. EV Indonesia 2024 is the ideal platform for key industry players from both local and global communities to explore their businesses and unveil innovation, technology and products to a larger marketplace.
New focus for Indonesia Mobility
The development of the electric vehicles industry in Indonesia has entered a new phase. By the government’s direction, Indonesia will become a major player in electric vehicles. Presidential Regulation Number 55 of 2019 is made concerning the Acceleration of the Battery Electric Vehicle Program for Road Transportation. This was followed by the issuance of various derivative regulations to expedite the program.
The numbers of electric vehicles that have been operating in Indonesia until October 23, 2023 are 74,988 units of electric motorcycles, 20,414 units of electric cars, 320 units of electric tricycles, 80 units of electric buses, and 10 units of freight cars. This figure is certainly more when compared to the number of electric vehicles in the previous year. By 2030, the government is targeting to reach 15.7 million of electric bikes and 2.2 million electric cars.
Based on this, INAPA 2024 and EV Indonesia 2024 are a manifestation of Indonesia’s commitment to support the development of the automotive and electric vehicle industry in Indonesia and strengthen Indonesia’s position in the global automotive market.
This article was originally published by GEM Indonesia.
