Aion, an electric vehicle (EV) unit of state-owned Chinese company GAC Group, plans to build its second Southeast Asia plant in Indonesia, upping its stake in the potentially vast market against domestic rivals like BYD.
Guangzhou-based Aion will partner with Indomobil Group, a carmaker based in Jakarta, to localise its production and supply chain, offering Indonesian consumers a variety of intelligent new-energy vehicles, it said in a statement on Tuesday.
