Indonesia Hybrid Car Sales Up 43.3% in First 8 Months; Hyundai Palisade...

[CNMO Tech News] Indonesia's hybrid car market continues to expand this year. Data shows, from January to August 2024, Indonesia's hybrid car wholesale sales reached 58,040 units, a year-on-year increase of 43.3%. Against this backdrop, Hyundai Palisade Hybrid sold 774 units ranking 9th on the local hybrid car sales list, and Santa Fe Hybrid ranked 14th with 538 units.

Source: Internet

According to data released by the Indonesia Automotive Industry Association, in the first 8 months of this year, Indonesia's total car sales were 859,256 units, with hybrids accounting for about 6.75%. From a market structure perspective, local hybrid car sales growth was mainly driven by large MPVs and SUVs suitable for family use, with significant demand for relevant models.

Looking at specific models, Toyota Innova Zenix Hybrid led with 17,845 units, Veloz Hybrid sales were 15,554 units, ranking second. Followed by Suzuki XL7 Hybrid with 5,572 units; Fronx Hybrid sales 3,294 units; Honda HR-V Hybrid sales 3,225 units. These models constitute the main sales volume of Indonesia's hybrid car market.

Regarding Hyundai Motor, Palisade Hybrid and Santa Fe Hybrid both entered the top tier of local hybrid car sales. Among them, Palisade Hybrid is Hyundai's best-selling hybrid model in the Indonesian market. Based on existing data, the combined sales of these two models amount to 1,312 units, occupying a certain share in the local hybrid car market.