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Indonesia

Indonesian president inaugurates VKTR’s electric CV plant, pushes for national champions

On April 9, 2026, President Prabowo inaugurated Indonesia’s first electric commercial vehicle assembly plant in Magelang, Central Java, operated by PT VKTR Teknologi Mobilitas Tbk. through its subsidiary PT VKTR Sakti Industries.
The facility focuses on electric buses and trucks. Backed by an investment of around IDR....

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