Wednesday, February 5, 2025

Indonesia-Geely Auto Group discuss EV, methanol-powered vehicle development

Reading Time: < 1 minute
Julian Isaac

Journalist

Editor

Interview

Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Rosan P. Roeslani meets with Geely Auto Group, an automotive giant in China discussing the development of the domestic electric industry.

Established in 1997, Geely Auto has been operating from China and has introduced its models in several countries, including Indonesia.

“We are also developing an integrated electric vehicle ecosystem starting from refinery, battery industry and battery recycling,” Song Jun, Vice President of Geely Auto Group, said on Thursday, December 26, 2024.

Song Jun emphasized that Geely welcomes the invitation to help develop the Indonesian automotive industry ecosystem. Currently, Geely is developing methanol-powered vehicles. With Indonesia currently being the prime candidacy for methanol powered vehicles.

“Because Indonesia is the largest palm oil producer in the world and we know that methanol is one of the products from palm oil,” Rosan said.

The management of Indonesia International Motor Show (IIMS) 2025 confirms that there are several new vehicle brands debuting in Indonesia. Largely, electric vehicle (EV) manufacturers.

IIMS is a vehicle motor exhibition which will start on February 13-23, 2025 in JIExpo Kemayoran, Central Jakarta.

Geely, on the other hand, is ready to re-enter the Indonesian automotive market. The Chinese manufacturer will use the automotive exhibition stage to introduce itself.

“In the first quarter (of 2025), we will introduce the Geely brand in Indonesia. As is known, in the first quarter of next year there will be an Auto Show,” Yusuf Anshori, Brand Director of Geely Auto Indonesia, said on November 10, 2024.

Julian Isaac

Journalist

 

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

The government has planned to increase national energy buffer reserves from 21 days to 51 days by establishing a petroleum storage facility on Nipa Island, Riau Islands.
The Cirebon-1 Coal-fired Power Plant (PLTU), which is planned for early retirement, is estimated to attract investment worth US$198 million (Rp3.2 trillion) through the construction of a solar panel and electric battery factory.
President Prabowo Subianto has considered building a giant sea wall of 700 kilometers (km) in length from Banten to East Java aimed at protecting rice fields on the northern coast of Java from the impacts of increased sea level.
Star Energy Geothermal, a subsidiary of PT Barito Renewables Energy (BREN), is collaborating with global energy technology company SLB to accelerate technology in developing geothermal assets aimed at increasing the efficiency and economy of the company’s geothermal assets.
State power utility PT PLN has confirmed its commitment to supporting the 8-percent economic growth target through the development of electricity infrastructure that will cater the needs of industry, new areas development, and remote regions.
Koaksi Indonesia, a non-profit organization for sustainable development programs, has issued recommendations that will encourage nickel downstreaming and help contribute to the creation of green jobs.