Automotive Forecasting Sales Production Powertrain

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This multi-name approach for models that share a lot of similarities isn’t new for Toyota Indonesia, as the company sells both the Avanza and Veloz. The latter is considered the more upmarket option and was previously known by a longer name in Indonesia before being renamed to just the Veloz – this model has already gone on sale in Malaysia to replace the Avanza. With a platform that costs less, the goal is to increase production volume significantly, Musk noted. “Obviously, we’re going to take everything we learned from S, X, 3, Y, Cybertruck and Semi into that platform.

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However, due to robust growth in recent years, Indonesia is expected to somewhat limit the gap with Thailand’s dominant position over the next decade.
Dongfeng Motor has a 50-50% joint venture with Honda called Dongfeng Honda.
Pricing and further specifications for the bZ3 will be announced closer to the EV’s market launch scheduled to take place sometime in November after the a public debut at this year’s Guangzhou Auto Show.
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