Hozon Automobile held a cooperation signing ceremony in Indonesia today and completed the delivery of the first batch of users in Indonesia. The Indonesian subsidiary of Hozon Automobile and Indonesian automobile manufacturer PT Handal Indonesia Motor (HIM) officially signed a cooperation agreement.
The localized production of Hozon Automobile will be carried out in the form of KD and is planned to start in the second quarter of 2024.
KD has three forms: CKD (fully assembled), SKD (partially assembled), and DKD (completely assembled). KD parts refer to all bulk parts imported from abroad and then assembled and produced domestically.
It was previously reported that Neta V was launched in Indonesia as the first model on October 24, priced at 379 million Indonesian rupiah (currently about 170,000 RMB).
By the end of 2023, Hozon Automobile will have established dozens of dealer stores to cover a wider consumer group.
In 2024, Hozon Automobile plans to cover its global sales network in 50 countries and establish 500 overseas sales and service outlets.
