Mobility Author:EqualOcean News Updated 59 mins ago (GMT+8)

Market sources indicate that XPENG (小鹏汽车) intends to acquire a 90.1% stake in Indonesian EV manufacturer ERA Industri to accelerate its localized production, potentially making it the first Chinese new force automaker to establish a production base in Southeast Asia through deepened cooperation with local distributor ERAL.

CnEVPost - XPeng

On May 18, market sources indicated that XPENG (小鹏汽车) intends to acquire a 90.1% stake in the Indonesian electric vehicle (EV) manufacturer ERA Industri, aiming to accelerate its localized production and channel expansion within the Southeast Asian market.

According to reports, XPENG (小鹏汽车) officially entered the Indonesian market in 2025 and established a strategic partnership with the prominent local distributor ERAL (Erajaya Active Lifestyle) to drive the brand's implementation in the Indonesian market.

If this equity acquisition is verified, it will further strengthen XPENG's (小鹏汽车) supply chain integration capabilities and local manufacturing foundation in Indonesia, while also providing critical support for the brand to become the first Chinese new force automaker to establish a production base in Southeast Asia.

Indonesia is one of the key automotive markets in Southeast Asia and is actively promoting the development of its electric vehicle industry. For XPENG (小鹏汽车), leveraging local factory and distributor resources will not only help reduce import costs and political risks but also enhance its delivery efficiency and brand competitiveness in the Southeast Asian market.