The free trade agreement with neighboring Australia concluded in spring 2019 offers new opportunities for the automotive industry in Indonesia. Two years later, Indonesian automotive industry managed to penetrate Australian market, marking a significant step toward the revival of Indonesian automotive products that adhere to international quality requirements. With the free trade agreement, car manufacturers which have already settled in Indonesia can count on import tax reliefs in Australia. Attracted by low per capita-car ownership, low labor costs and a rapidly expanding middle class, various global car-makers decided to invest heavily to expand production capacity in Indonesia and may make it their future production hub.
- The speed of adoption will be determined by the interaction of consumer pull and regulatory push, which will vary strongly at the regional and local level.
- These applications may be designed for individual vehicles or address a wide range of them.
- The new Armv9 architecture
