Using Local Assembled Batteries, Will MG's Electric Car Price Drop?

JAKARTA - Morris Garage (MG) Motor Indonesia collaborated with PT UABS Indonesia, where the British brand uses local batteries assembled in Cikarang.

By using local batteries, of course, it will be a breath of fresh air for MG. Chief Operating Officer of MG Motor Indonesia, He Guowei expressed his joy with the electric car battery assembly facility for MG.

"This will certainly facilitate the production process of electric cars from MG, and can reduce production costs," he said, when met in the Cikarang area, West Java, Tuesday, November 5.

Currently, MG already has two electric car lines ups, namely MG4 EV and MG ZS EV. The two models that fill the crossover segment and SUV are priced at IDR 300 million.

The man who is familiarly called Alec ensured that electric car batteries assembled in Indonesia would not lower the prices of the two existing models (MG4 EV and ZS EV). When the price is lowered, it will have an impact on the value of the electric car in the eyes of consumers.

"I think everyone is happy with price wars because all brands have their own price calculations. It can also reduce the value of the product itself in the eyes of consumers. For now we are not doing that (price cuts)," said Hu Guowei.

The plan is that these locally produced batteries will be used in the latest products that will be marketed by MG in Indonesia. With the battery assembly facility, this will make their electric car prices more competitive.

Previously, Alec also revealed that he would bring various new car models to enliven the Indonesian automotive market, including presenting a wider reach for the MG4 EV model. Not only that, MG also plans to present an MPV for the Indonesian market, but it is not explained what segment will fill.