- The planned annual capacity of BYD's Indonesia plant is 150,000 units, and the long-term plan is for the export market.
- With this investment, BYD was allowed to temporarily ship its cars to Indonesia free of import duties.

BYD (HKG: 1211, OTCMKTS: BYDDY) aims to complete construction of its $1 billion Indonesia plant by the end of 2025, Reuters said in a report today, citing Eagle Zhao, the head of the Chinese new energy vehicle (NEV) maker's Indonesian unit.
The plant will produce its first cars not long after the completion of construction, with long-term plans for the export market, Zhao said.
“Every single progression of our local manufacturing is quite smooth and also on the track. We will keep our commitment, which is by end-2025, we will complete the construction works,” according to Zhao.
The plant, located in an industrial park in Subang, West Java, will have a production capacity of 150,000 electric vehicles (EVs) per year, the Reuters report noted.
With this investment, BYD was granted a temporary exemption from import duties to ship its cars to Indonesia, a policy designed to stimulate demand for EVs while attracting investment from automakers, according to the report.
The government aims to produce 600,000 EVs in Indonesia by 2030.
On March 19, 2024, Luhut Panjaitan, coordinating minister of maritime affairs and investment, said in a post on his Instagram account that BYD had shown great enthusiasm for investing in Indonesia, aiming for the factory to be ready for production in early 2026.
BYD entered the Indonesian passenger car market in January 2024, when it launched the Seal, Dolphin and Atto 3 in the country. In July 2024, BYD rolled out the M6 electric MPV (multi-purpose vehicle) in Indonesia.
Zhao said BYD planned to launch more models in Indonesia this year to achieve “rapid growth” in sales by 2025.
BYD will also launch its premium brand Denza in Indonesia this week, according to Reuters.
In 2024, BYD sold 15,429 vehicles in Indonesia, below SAIC Motor's 25,897 and above Chery's 9,191, according to Deutsche Bank.
BYD Shenzhen, world's largest car carrier, ready for operation