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SGMW Motor Indonesia

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PT SGMW Motor Indonesia
Company typeSubsidiary
IndustryAutomotive
Founded2015
Headquarters
Cikarang, West Java, Indonesia
Area served
Indonesia
Key people
Shi Guoyong (President-Director)
ProductsPassenger cars
Light commercial vehicles
Production output
Decrease 24,456 vehicles (2023)
BrandsWuling Motors
MG Motor
Chevrolet (formerly, export only)
OwnersSAIC Motor (74.92%)[1]
Websitehttp://wuling.id

PT SGMW Motor Indonesia is a subsidiary owned by SAIC Motor and SAIC-GM-Wuling. It is the first Chinese automotive company to build a manufacturing plant in Indonesia.

Unlike their operations in China, SGMW Indonesia only market vehicles in one marque, Wuling Motors, instead of both Wuling and Baojun. However, the facilities also produce Chevrolet for exports and shared its facilities to manufacture MG Motor electric cars[2][3]

In 2018, Wuling Motors is the ninth largest automotive manufacturing company in Indonesia and the sixth largest passenger car manufacturing company in Indonesia by sales and production.[4] In 2022, their Wuling Air EV is the best-selling electric vehicle in Indonesia.[5]

History

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The company started its operation by building its first plant in Greenland International Industrial Center in Cikarang, Bekasi Regency, West Java province on August 20, 2015.[6] Built on a 600,000 m2 land including the supplier park, the plant was built for the production and manufacture of automobile in Indonesia and to set up an export base for Southeast Asia. The investment of the project is around US$700 million. The plant is expected to produce up to 150,000 vehicles in a year in its maximum capacity and is estimated to create 3,000 jobs for Indonesia.[7]

In August 2016, SGMW Motor Indonesia joined the 2016 Gaikindo Indonesia International Auto Show and showcased the Wuling Hongguang S1 and Baojun 730.[8][9] On July 11, 2017, the plant officially started its operations for mass production and was inaugurated by the vice president of Indonesia, Jusuf Kalla.[10] Their first product was a compact MPV named Confero, which is a rebadged Hongguang S1.[11] Initial pricing started at Rp 128 million, making it the cheapest MPV in its respective class.[12] At the end of 2017, Wuling Motors quickly climbed into the top-10 car brand in Indonesia by production and sales.[13]

On February 9, 2018, the company launched the Cortez, a rebadged Baojun 730.[14] On November 7, 2018, Wuling launched the Formo as a commercial variant of the Confero.[15] At the end of 2018, Wuling missed the targeted vehicle sales of 30,000 units, instead recorded 17,002 units for the wholesales figure and 15,162 units for the retail sales figure.[16]

On February 27, 2019, Wuling unveiled the Almaz, a rebadged Baojun 530 as their first SUV in Indonesia.[17] Wuling announced that it would export Almaz to Thailand, Brunei and Fiji as the Chevrolet Captiva.[18]

On August 10, 2022, SGMW Motor Indonesia introduced its first electric car in Indonesia, Wuling Air EV.[19] In April 2023, Indonesian buyers of the car will receive incentives of battery-based electric cars, in the form of VAT subsidies, from 11% to 1%.[20] Wuling Air EV is the best selling electric car in Indonesia for 2022, account for 77.98% of electric car sales in the country for 2022.[5]

In February 2023, Wuling announced Alvez, a rebadged Wuling Xingchi as their second SUV in Indonesia.[21]

On August 18, 2023, PT SGMW Motor Indonesia said that its production facilities will be shared with PT SAIC Motor Indonesia[22] to manufacture MG Motor (other brand owned by SAIC, the parent company of SGMW),[2][3] which commenced production of MG4 EV and MG ZS EV in February 2024.[23][24]

On November 16, 2023, Wuling announced Binguo EV as their second electric car to enter Indonesia.[25]

On February 15, 2024, Wuling announced the Cloud EV as their third electric to enter Indonesia, to complete their 'ABC Trio' electric car lineup.[26][27]

Models

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Model Indonesian introduction Current model Current production status
Introduction Update/facelift
Hatchback

AIR EV 		Air EV 2022 2022 – Assembled in Indonesia

BINGUO EV 		Binguo EV 2023 2023 – Assembled in Indonesia

4 EV 		4 EV 2023 2023 – Assembled in Indonesia since 2024

CLOUD EV 		Cloud EV 2024 2024 – Assembled in Indonesia
SUV/crossover

ALVEZ 		Alvez 2023 2023 – Assembled in Indonesia

ZS EV 		ZS EV 2021 2021 2023 Assembled in Indonesia since 2024

ALMAZ 		Almaz 2019 2019 2023 Assembled in Indonesia
MPV

CONFERO 		Confero 2017 2017 2021 Assembled in Indonesia

CORTEZ 		Cortez 2018 2018 2022 Assembled in Indonesia
Light commercial vehicle

FORMO 		Formo 2018 2018 2023 Assembled in Indonesia

Sales

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Production[4]
Year Confero Formo Formo Max Cortez Alvez Almaz/

Chevrolet Captiva

Air EV Binguo EV Total
2017 6,026 – 123 – 6,149
2018 9,558 132 6,456 – 16,146
2019 9,475 251 2,581 12,673 24,980
2020 3,268 321 1,426 2,338 7,353
2021 10,561 1,375 4,314 10,027 26,277
2022 10,831 815 245 4,587 5,541 8,422 30,441
2023 6,077 942 1,374 387 5,956 2,297 5,626 1,797 24,456
Total 135,802
Wholesales[4]
Year Confero Formo Formo Max Cortez Alvez Almaz Air EV Binguo EV Total
2017 4,958 – 92 – 5,050
2018 11,062 83 5,857 – 17,002
2019 9,137 301 3,160 9,743 22,341
2020 3,060 388 5,676 1,947 11,071
2021 10,488 999 4,423 9,694 25,604
2022 10,844 1,285 3,905 5,406 8,053 29,493
2023 5,887 763 1,319 824 5,923 1,856 5,575 1,393 23,540
Total 134,101
2019 Chevrolet Captiva (Thailand)
Retail[4]
Year Total
2017 3,268
2018 15,162
2019 21,112
2020 9,523
2021 23,920
2022 24,270
2023 25,992
Total 123,247
Exports[4]
Year Chevrolet Captiva/

Almaz

Cortez Formo Air EV
2019 2,696
2020 584 27
2022 31 3 3 26
2023 2 12 7 1,504
Total 3,313 42 10 1,530

References

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  1. ^ "SAIC MOTOR CORPORATION LIMITED Annual Report 2022" (PDF). Upon completion of the transaction, the Group's share of net assets of Wuling Indonesia increased from 60.48% to 74.92%
  2. ^ a b Media, Kompas Cyber (2023-08-17). "Pabrik MG di Indonesia Berbagi Fasilitas dengan Wuling?". KOMPAS.com (in Indonesian). Retrieved 2024-01-23.
  3. ^ a b Media, Kompas Cyber (2023-11-16). "MG Indonesia Bangun Pabrik, Total Investasi Rp 4 Triliun". KOMPAS.com (in Indonesian). Retrieved 2024-01-23.
  4. ^ a b c d e "Indonesian Automotive Sales Figures". Gaikindo.
  5. ^ a b "Wuling Air EV Kuasai Pasar Mobil Listrik Indonesia pada 2022 | Databoks". databoks.katadata.co.id (in Indonesian). Retrieved 2024-01-23.
  6. ^ "Wuling Motors Holds Ground-breaking Ceremony for its First Plant in Indonesia". Wuling Motors. 2015-08-20. Retrieved 2019-07-08.
  7. ^ Suhendra, Zulfi. "Pabrik Mobil China Pertama RI Produksi 150.000 Unit Mulai 2017". detikfinance. Retrieved 2019-07-08.
  8. ^ "Wuling Motors Joins 2016 Gaikindo Indonesia International Auto Show to Listen, Understand and Create for Indonesia". Wuling Motors. 2016-08-11. Retrieved 2019-07-08.
  9. ^ Satrio, Hillarius (2016-08-11). "Wuling Motors Debut di GIIAS 2016, Wuling Hong Guang Tampil". AutonetMagz :: Review Mobil dan Motor Baru Indonesia. Retrieved 2019-07-08.
  10. ^ "Diresmikan JK, Wuling Motors targetkan produksi 8.000 unit tahun ini". merdeka.com. Retrieved 2019-07-08.
  11. ^ "Wuling Motors' Factory Opening, Starts to Mass Produce Confero S". Wuling Motors. 2017-07-18. Retrieved 2019-07-08.
  12. ^ Katana, Satria (2017-08-02). "Harga Wuling Confero di Indonesia Mulai 128 Juta!". AutonetMagz :: Review Mobil dan Motor Baru Indonesia. Retrieved 2019-07-08.
  13. ^ "Baru satu tahun di Indonesia, Wuling sudah masuk kelompok 10 besar". merdeka.com. Retrieved 2019-07-08.
  14. ^ "Wuling Cortez Official [sic] Launched for Indonesia". Wuling Motors. 2018-02-08. Retrieved 2019-07-08.
  15. ^ Priyanto, Wawan (2018-11-07). "Wuling Formo Diluncurkan, Harga Rp 135,8 Juta". Tempo. Retrieved 2019-07-08.
  16. ^ "Sudah 22 Ribu Unit Wuling Terjual di Indonesia. Sinyal Mulai Diminati Konsumen?". Tribunnews.com (in Indonesian). Retrieved 2019-07-08.
  17. ^ "Wuling Almaz is Officially Introduced In Indonesia". Wuling Motors. 2019-02-28. Retrieved 2019-07-08.
  18. ^ "2 Tahun Bangun Pabrik, Wuling Mulai Ekspor 2.600 Almaz ke 3 Negara". Detik. 25 September 2019. Retrieved 25 September 2019.
  19. ^ Team, Wuling Tech (2023-08-10). "Satu Tahun Wuling Air ev di Indonesia Berhasil Dominasi Pasar Kendaraan Listrik". Wuling (in Indonesian). Retrieved 2024-01-23.
  20. ^ GridOto.com. "Bukan Rp 80 Juta, Ternyata Ini Harga Resmi Wuling Air Ev Setelah Dapat Subsidi dari Pemerintah - GridOto.com". www.gridoto.com (in Indonesian). Retrieved 2024-01-23.
  21. ^ GridOto.com. "Gak Nyangka, Baru Diperkenalkan Februari Kemarin, Sudah Segini Penjualan Wuling Alvez - GridOto.com". otomotifnet.gridoto.com (in Indonesian). Retrieved 2024-01-23.
  22. ^ Katana, Satria (2020-03-02). "SAIC Motor Indonesia : APM Resmi Morris Garages di Tanah Air". AutonetMagz :: Review Mobil dan Motor Baru Indonesia. Retrieved 2024-01-23.
  23. ^ Mediatama, Grahanusa (2024-01-11). "Mobil Listrik MG 4 EV dan New MG ZS EV Resmi Mengaspal di Indonesia". kontan.co.id (in Indonesian). Retrieved 2024-01-23.
  24. ^ N, Andhika Adhitia. "Pabrik MG Beroperasi, New MG ZS EV Diproduksi Di Indonesia pada Februari 2024". www.mgmotor.id. Retrieved 2024-01-23.
  25. ^ "Mobil listrik Wuling Binguo resmi diperkenalkan di Indonesia". Antara News. 2023-11-16. Retrieved 2024-01-23.
  26. ^ Priyanto, Wawan (2024-02-15). "Wuling Cloud EV Debut di IIMS 2024, Jarak Tempuh 505 Km". Tempo. Retrieved 2024-08-03.
  27. ^ Marketeers (2024-05-15). "Tampil Lebih Mewah, Harga Wuling Cloud EV Dibanderol Rp 398 Juta". www.marketeers.com (in Indonesian). Retrieved 2024-08-03.
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