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Hyundai Emerges as Top EV Player in Indonesia, Surpassing Previous Leader Wuling

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions. ....

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Hyundai Motor tops Indonesia's EV market

Hyundai Motor has come in at the top of the electric vehicle (EV) market in Indonesia thanks to the growing popularity of its IONIQ 5, the carmaker said Tuesday. The company said it sold 3,913 EVs in Indonesia from January to July, taking a 56.5 percent market share. The figure is more than double the 28.1 percent share of Chinese EV maker Wuling, which sold 1,944 EVs during the same period. Wuling was the local market leader last year. ....

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