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  • Indonesia not only has a large population but is also characterized by having a rapidly expanding middle class.
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Jongkie Sugiarto, Chairman of the Indonesian Automotive Industry Association , said the region east of Jakarta is selected by many car manufacturers for their production base since a decade ago as the area’s infrastructure is good . He added that it has now become difficult to find large-sized land for new factories due to the influx of many businesses over the past years. Currently, this electric motorcycle is in the massive production to produce 50 thousand units and will be in the marketplace in 2018.

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The central bank of Indonesia decided to revise the down payment requirements for the purchase of a car in an attempt to boost credit growth . Per 18 June 2015, those Indonesian consumers who use a loan from a financial institution to purchase a passenger car need to pay a minimum down payment of 25 percent . It is estimated that around 65 percent of all car purchases in Indonesia are made through a loan.

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When these LCGC cars were introduced they, generally, had a price tag of around IDR 100 million (approx. USD $7,500) hence being attractive for the country’s large and expanding middle class segment. By early the average price of the LCGC had risen to around IDR 140 million (approx. USD $10,500) per vehicle. With the implementation of the ASEAN Economic Community at the start of 2016, the Indonesian government also aims to make Indonesia the regional hub for the production of LCGCs. Domestically, GAIKINDO facilitates its members’ interests in relation with the Government’s policies regarding the automotive industry.

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These cores have become the de facto standard for next-generation automotive systems, with additional performance optimizations for automotive workloads delivering higher performance and better visual quality. Our ethernet solutions, designed with functional safety in mind, make it easier for SoC manufacturers to achieve the automotive safety integrity levels that are classified by the ISO standard for automotive safety. It is estimated that 80% of all innovations in the automotive industry today are directly or indirectly enabled by electronics. With vehicle functionality improving with every new model, this means a continuous increase in the semiconductor content per car. Drivers want intuitive AI navigation, effortless streaming, and seamless linking between their cars, phones and smart home devices. We deliver the technology customers want, harnessing the power of data analytics and integrated engineering to build the mechanisms that ensure seamless end-to-end innovation quickly and efficiently.