Details News

July 07, 2025

The Presence of Electric Car Factories in Indonesia Has a Positive Impact on Multifinance

KONTAN.CO.ID - JAKARTA. PT CIMB Niaga Niaga Auto Finance (CNAF) welcomes the establishment of an electric car factory in Indonesia.

CNAF President Director, Ristiawan Suherman, assessed that the presence of electric cars in the country could have a positive impact on multifinance electric vehicle financing.

Ristiawan said that the emergence of electric vehicle factories in Indonesia would increasingly attract public interest. "This is because the choice of vehicle units will be increasingly varied," Ristiawan told Kontan, Monday (7/7).

Furthermore, Ristiawan said that in the future, people will not need to worry about the availability of spare parts.

"Because, there will be more development of supporting infrastructure, one of which is battery charging stations," said Ristiawan.

Meanwhile, Ristiawan said that his company recorded the value of electric vehicle financing reaching IDR 487.8 billion as of May 2025. This value grew 133%, compared to the same period last year of IDR 209.4 billion.

For information, XPeng Indonesia has started assembling electric vehicles locally.

Through the official opening of its second dealer in Indonesia as well as the first flagship dealer of XPeng Indonesia together with Erajaya subsidiary, Sinar Eka Selaras (ERAL), this marks the first time XPeng has produced a car outside China.

ERAL as the Sole Agent for Brand Holders (ATPM) officially produces the XPeng X9 model completely knocked down (CKD) at the new facility of PT Handal Indonesia Motor (HIM) in Purwakarta, West Java.

The facility will start operating in July 2025, covering the manufacturing process to final quality testing.