The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
BYD surpasses Hyundai in Indonesia's electric vehicle market race
Hyundai, once the leader in Indonesia's electric vehicle (EV) market, has been overtaken by BYD, which capitalized on government incentives to boost EV adoption. While hybrids still outsell EVs, Hyundai is focusing on exports amid market volatility, aiming to leverage its recent hybrid offerings for a competitive edge.
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