Mitsubishi plans to invest about $666.89 million to produce EV in Indonesia between 2022 and 2025

Mitsubishi eK X EV

Motors Corporation is investing in again. This Japanese motorcycle manufacturer has poured IDR 10 trillion for the development of , one of which has been launched, the Mini Cab MiEV.

The investment commitment is the result of a working visit by the Coordinating Minister for Economic Affairs Airlangga Hartarto with MMC CEO Takao Kato, in Tokyo, .

“Until now, Mitsubishi Motors Corporation has invested IDR 11.3 trillion until the end of 2021 for all of its factories in Indonesia. The target is that Mitsubishi Motors Corporation will around IDR 10 trillion from 2022 to 2025,” said Coordinating Minister Airlangga Hartarto, Tuesday (26/7/2022).

He said that during the meeting, Mitsubishi Motors Corporation CEO Takao asked the Indonesian government to provide incentives related to the export of their products.

“Actually, in terms of the amount of tax, Indonesia is no less competitive with other countries, for example Thailand. However, because there is a large difference in regional taxes, it seems that taxes in Indonesia are higher. This is what we are studying at the central government,” said Coordinating Minister Airlangga Hartarto.

Indonesia itself is a big market share for Mitsubishi. Even compared to the Japanese market itself, Mitsubishi’s sales in the country are bigger.

After 2023 Mitsubishi will focus on producing xEV type cars consisting of the Xpander and Pajero Sport models. In addition, Mitsubishi will produce two new (EV) models starting in 2024.

Since establishing Mitsubishi Motors Krama Yudha Indonesia (MMKI) in 2018, Mitsubishi has continued to increase the number of exports and make Indonesia an export base. Currently being prepared to export MMKI products to Australia.

Mitsubishi Motors Corporation also plans to add export destination countries to 40 countries by 2022. The number of exports is estimated to be able to reach 72 thousand cars in 2022, an increase from 42 thousand cars in 2021 and is targeted at 98 thousand cars in 2024.

Mitsubishi also plans to issue a number of new vehicle models that are environmentally friendly. “Mitsubishi will diversify its products by issuing vehicles with the type of Hybrid Electric Vehicle (HEV) or Plug-in Hybrid Electric Vehicle (PHEV) and Battery Electric Vehicle (BEV) to support the Indonesian Government’s program to achieve carbon neutrality in 2060,” said Takao.

In addition, Mitsubishi Motors Corporation is holding a pilot project to use BEVs commercially with four companies.

“The government welcomes Mitsubishi Motors Corporation’s plan to collaborate with PT Pos Indonesia, PT Haleyora Power, Gojek, and DHL Indonesia to use Mini Cab MiEV vehicles commercially,” said Coordinating Minister Airlangga Hartarto.

The MiEV Mini Cab is based on the Mitsubishi L300 which is well known in Indonesia and is currently looking for a suitable use for this MiEV Mini Cab.