Minister Hartarto hails Toyota’s commitment to continued investment

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The demand for electric vehicles, four or two wheels, in Indonesia or the ASEAN region, will always increase in the future

Jakarta (ANTARA) – Coordinating Minister for Economic Affairs Airlangga Hartarto has responded positively to Toyota Motor Company’s initiative to further increase investment in the development of electric vehicles in Indonesia due to future demand.

The commitment was expressed by Toyota Motor Corporation (TMC) Board Vice Chairman Shigeru Hayakawa during a meeting with Hartarto and government delegates in Tokyo, Japan.

“The demand for electric vehicles, four-wheeled or two-wheeled, in Indonesia or the ASEAN region will always increase in the future. Indonesia can become a production base for industrial electric vehicles, for (to market the product) in the ASEAN region or even in Indonesia itself,” he noted in a statement on Wednesday.

At the meeting, Hayakawa said Toyota would invest more, to the tune of nearly 27.1 trillion rupees (nearly $2 billion) over the next five years as the company pledges to support electrification. cars.

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Toyota has contributed to the reduction of fossil fuel emissions and imports by popularizing the use of electric vehicles in Indonesia. It also plans to add other types of hybrid electric vehicles over the next four years.

Toyota Motor Corporation Chairman Akio Toyoda expressed his commitment to President Jokowi to invest in Indonesia during the Osaka Summit in 2019. Three years later, Toyota had invested up to 14 trillion rupees (932 million of dollars).

Apart from investment, they also discussed improving the skills of Indonesian engineers. Toyota pursued this goal by developing the xEV Center in May 2022 to hone the electrification skills of local human resources and prepare them for the era of digitalization.

Toyota has also worked with Pertamina and Inalum to develop the battery industry in Indonesia by improving and developing the skills of local technicians, local human resources, as well as the next generation of mobility and electrification.

The company has also developed the xEV center as a place of electrification learning and support to the Indonesian Digital Industry 4.0 Center with the aim of honing the skills of national human resources to prepare them for the era of digital. electrification and digitization.

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The company also worked with domestic technicians to develop the Kijang Innova BEV concept to study the technology and conditions to prepare for more practical implementation among citizens.

Hartarto said the government will use Toyota’s electric vehicle at the November 2022 G20 for delegates.

During the meeting, the Minister was accompanied by the Minister of Industry Agus Gumiwang Kartasasmita, the Indonesian Ambassador to Japan Heri Ahmadi, the Secretary of the Coordinating Ministry of Economic Affairs and the Director General of International Security, the area and access to the Ministry of Industry.

Representatives from Toyota Motor Corporation included Vice Chairman of the Board, Shigeru Hayakawa; CEO of PT Toyota Motor Manufacturing Indonesia (TMMIN), Warih Andang Tjahjono; and the boards of directors of TMC and TMMIN.

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