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Minister optimistic about automotive MSMEs adapting to EV transition

Hybrid Car Incentive Can Be Beneficial for Consumers, Toyota Says

Toyota Indonesia revealed that the presence of Hybrid incentive is believed to provide several benefits, both for manufacturers and consumers.

US operations of Hyundai, Kia turn profitable in 2023

Major global offices of Hyundai Motor Company and Kia turned into the black last year as the South Korean automakers logged record-high earnings on surging sales across the world, according to their audit and business reports on Wednesday. According to the audit report of Hyundai Motor Company, the automaker’s manufacturing plant in Alabama posted 236.3 billion won ($180 million) in net income in 2023, a drasti.

Indonesia Extends VAT Incentives for Electric Cars Until December 2024

Indonesia Extends VAT Incentives for Electric Cars Until December 2024
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