Latest news with #Polytron
Yahoo
07-05-2025
- Automotive
- Yahoo
Polytron introduces first domestic-branded BEV in Indonesia
Indonesian consumer electronics manufacturer Polytron, owned by the local Djarum Group, entered the domestic vehicle market this week with the launch of a locally-assembled battery electric vehicle (BEV) model, produced in partnership with China's Skyworth Automobile Intelligence Company Ltd. Polytron, more widely known in Indonesia as a producer of TVs, refrigerators, air conditioning systems and other household electronics, began producing battery-powered motorcycles in 2022. Polytron this week became the first Indonesian company to introduce a domestically branded BEV, the G3 medium-sized SUV, based on the Skyworth K model, which is also available in other markets in South-east Asia. It has a driving range of 402 km and is powered by lithium ferro phosphate (LFP) 52 kW batteries. Polytron claims that the G3 (and G3+) are more than the result of a rebadging exercise, but rather the product of a deeper product development collaboration between the two companies – including local hardware and software development. The vehicles are produced at a plant in Kudus, in Central Java, mainly from knocked-down parts imported from China. The two companies have set a target of producing around 10,000 Polytron BEVs in the next three years, mainly for the local market. "Polytron introduces first domestic-branded BEV in Indonesia" was originally created and published by Just Auto, a GlobalData owned brand.
Forbes
07-05-2025
- Automotive
- Forbes
Indonesian Billionaire Brothers' Djarum Group Unveils Electric SUVs Amid Intense Competition
The Polytron G3. Polytron Polytron —a home appliances maker controlled by billionaire brothers R. Budi and Michael Hartono 's Djarum Group—is entering the automotive industry with the introduction of an Indonesian made electric vehicle. Developed in partnership Chinese EV maker Skyworth Automobile, Polytron is selling the five-seater sports utility vehicles G3 and G3+ at 299 million rupiah ($18,166) to 459 million rupiah each, with options for either a fixed battery or a replaceable one that is rented on a monthly basis. The partners plan to produce about 10,000 cars in the next three years. Polytron's entry into the competitive automotive industry comes amid rising demand for EVs in Indonesia. Despite a slowdown in overall car sales in the country last year, EV sales increased 152% to 43,000 units, according to a recent report by brokerage Verdhana Sekuritas Indonesia. Chinese EV makers have been expanding aggressively in Indonesia to tap on the growing domestic demand. BYD, the world's largest EV maker by unit sales, launched its first car in the country early last year and is now building a $1 billion factory in Subang, about 100 km southeast of Jakarta. In February, Xpeng—founded by Chinese billionaire He Xiaopeng—also entered the market, backed by local electronics distributor Erajaya Group. Polytron, which has been selling electric motor bikes since 2022, hopes to hold its own against foreign car manufacturers. Its SUVs can travel across a distance of 402 kilometers on a fully-charged battery and come with features such as a large sunroof, 20-inch wheels and a 12.8-inch touchscreen entertainment system. "With a mission to improve the experience of Indonesian families, approaching the celebration of our 50-year journey we want to ensure that daily mobility innovation is not only about technology, but also about accessibility,' Hariono, CEO of Polytron said in a statement. Founded in 1975, Polytron currently operates three manufacturing plants in Central Java, producing appliances such as refrigerators, air conditioners, and televisions. The company, which is part of the Hartono brothers' Djarum Group, employs over 10,000 people and has 19 offices and 61 service centers across Indonesia. With a combined net worth of $50.3 billion, Budi and Michael Hartono topped the list of Indonesia's 50 Richest that was published in December. Their interests span across banking, cigarettes and prime real estate in Jakarta. They also hold a stake in Global Digital Niaga, the parent of e-commerce firm Blibli.
Nikkei Asia
06-05-2025
- Automotive
- Nikkei Asia
Indonesia's Djarum Group launches first locally developed EVs
JAKARTA -- Djarum Group, through its electronics manufacturing arm Polytron, launched two domestically assembled electric vehicles on Tuesday, becoming the first Indonesian conglomerate to do so. It unveiled the Polytron G3 and Polytron G3+ electric cars that have a driving range up to 402 kilometers, in partnership with Chinese automaker Skyworth Auto. Polytron's models are adaptations of Skyworth Auto's EV6 car and are powered by lithium ferro phosphate (LFP) batteries that have capacity of up to 51.916 kilowatt-hours.
