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Honda, Mitsubishi, Suzuki Pledge $1.2b for Expansion, EV Development in Indonesia

Updated at 03:15 p.m. on Friday, March 12, 2021] Jakarta. Japanese automotive giants Honda, Suzuki, and Mitsubishi Motors have pledged a combined investment of at least $1.2 billion in Indonesia over the next few years to expand their production capacity and make electric vehicles in the country, the companies told Industry Minister Agus Gumiwang Kartasasmita during his visit to Japan this week. "Honda has committed to increasing its investment by Rp 5.2 trillion [$361 billion] until 202...
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