Home > Article > Technology peripherals > Wuling Air EV has attracted much attention in the Indonesian market due to its lightweight maneuverability, performance and flexibility, with a starting price of 358 million
Wuling’s latest small electric model Bingo has officially debuted in the Indonesian market. This model has two different range versions, respectively 333 kilometers and 410 kilometers. Surprisingly, Bingo attracted 3,000 orders from Indonesian consumers on the first day it was launched
The price of Bingo in the Indonesian market is 3.58 respectively billion Indonesian rupiah and 408 million Indonesian rupiah, equivalent to approximately 164,800 yuan and 187,800 yuan. In comparison, the price of Bingo in the domestic market is between 59,800 and 88,800 yuan, which is significantly higher than that in the Indonesian market. However, Bingo is not Wuling's debut model in the Indonesian market. In August last year, Wuling's electric model Air EV (right-hand drive version) made its debut at the Indonesia International Auto Show and went on sale. Air EV is divided into standard version and long-range version, priced at 238 million Indonesian rupiah and 295 million Indonesian rupiah respectively, equivalent to about 110,000 yuan to 135,000 yuan.
The high price of this phenomenon is related to Indonesian laws and regulations. According to local regulations, this price has exceeded the scope of Indonesian motor vehicle luxury sales tax, so both Bingo and Air EV are classified as luxury goods
Despite this , Wuling quickly occupied a dominant position in the Indonesian electric vehicle market. According to data from the Indonesian Automobile Industry Association, China's Wuling Motors will account for 78% of the market share in Indonesia's electric vehicle market in 2022. Indonesian new car retail data as of May 2023 shows that Wuling is still one of the top ten fastest growing car brands, with a year-on-year growth of 198%, while another Chinese car brand Chery ranks 12th
According to the editor’s understanding, Indonesia’s road traffic conditions are very complex and there are a large number of motorcycles. In this case, Wuling Air EV has won the love of car owners with its excellent passability and flexibility
In addition, Indonesia is one of the largest economies in Southeast Asia and has emerged as the region's largest economy. leader of. By 2022, Indonesia's total GDP has exceeded the combined GDP of Thailand and Singapore, ranking first among Southeast Asian countries. At the same time, Indonesia also has the fourth largest population in the world and has huge market potential. Therefore, it is expected that more Chinese companies will enter this market in the future
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