Automotive - BYD launches M6 electric MPV, prices starting at IDR379 mn

Automotive - BYD launches M6 electric MPV, prices starting at IDR379 mn BYD made a surprise at GIIAS 2024. This Chinese manufacturer launched the M6 electric MPV, with prices starting at IDR379 mn. BYD launched its fourth car for the Indonesian market. Knowing the Indonesian people's appetite for cars with a capacity of 7 passengers, BYD launched the MPEV (Multi Purpose Electric Vehicle) M6. "This is the moment we have been waiting for. We are launching the BYD M6, the first E-MPV designed specifically for Indonesia," said President and Director of PT BYD Motor Indonesia, Eagle Zhao, at the launch. Designed specifically for Indonesian families, the BYD M6 offers the perfect combination of space, comfort, performance, and the latest technology, making it an ideal choice for those looking for an environmentally friendly vehicle without sacrificing functionality. Just like the three products that have been launched in Indonesia, the BYD M6 uses a flagship battery produced by BYD, namely the Blade Battery. Blade Battery technology, which is safer and more efficient in charging, is capable of bringing the BYD M6 MPEV to cover a distance of up to 530 km on one full charge, ready to accompany families in Indonesia. Comment : We strongly believe the launch of the BYD M6 (MPV variant) shocked domestic EV auto development. With the same price tag, BYD has set a higher bar in the latest EV car landscape competition. This car could dominate the EV MPV segment, especially after the commercial operation of the BYD Indonesia plant in 2026. Maintain pur Overweight stance for automotive sector, with ASII as our pick.