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George Soros Buys Rivian Startup Shares

 Billionaire George Soros bought nearly 20 million shares of electric truck startup Rivian Automotive Inc in the quarter ended December 31, 2021.

Based on a Reuters report, February 11, 2022, Soros bought 19,835,761 shares of Rivian worth around US$ 2 billion (Rp 28.7 trillion, the current exchange rate is US$ 1 = Rp 14,344). This figure makes Soros Fund Management among the most prominent investors in the company, which has yet to start production of its electric vehicles.

George Soros Buys Rivian Startup Shares

Rivian, which is 20 percent owned by Amazon.com, is expected to provide the e-commerce company with more than 100,000 electric trucks.

Irvine, Calif.-based Rivian said in December that it expected production to fall "a few hundred vehicles less" from its 2021 target of 1,200 units due to supply chain constraints. The forecast comes as the company issues production projections and challenges for facing current electric vehicle leader Tesla Inc.

Rivian shares fell 9 percent on Friday last week and are down 43 percent for the year. The share price is down 67 percent from a record high of $179.46 touched on Nov. 16, 2021, less than a week after raising $12 billion in the stock's biggest debut last year.

REUTERS

Rivian Electric Car IPO Rp 149 T Excited, Will Compete With Tesla!

 Electric vehicle (EV) startup company from the United States (US) Rivian will conduct an initial public offering (IPO) on the Nasdaq Exchange on Wednesday (11/10/2021) US time.

In this IPO, Rivian issued 135 million shares at a price of US$ 78/share or equivalent to Rp. 1.11 million (assuming an exchange rate of Rp. 14,200/US$). This figure is above the company's previous target range, which is in the range of US$ 72 - US$ 74 per share.

Rivian Electric Car IPO Rp 149 T Excited, Will Compete With Tesla!

Thus, a source told Reuters, the electric pickup maker, backed by Amazon and Ford, will raise a fairly large IPO fund, which is around US $ 10.5 billion or equivalent to Rp. 149.10 trillion.

After this IPO, Rivian's valuation will reach US$ 66.5 billion or Rp 944.30 trillion. This value exceeds Honda Motor's market cap of US$ 49.29 billion, as of Tuesday's US trading.

Then, Rivian's valuation is also close to the market capitalization of the investor, Ford Motor (FM), which reached US$ 80.40 billion and General Motors (GM) market cap of US$ 85.11 billion.

Indeed, when compared to Elon Musk's electric car company, Tesla, Rivian's market capitalization value is still far below. Currently, Tesla's market cap value reaches US $ 1.03 trillion.

Based on the company's IPO prospectus, the underwriters in Rivian's IPO are Morgan Stanley, Goldman Sachs Group Inc. and JPMorgan Chase & Co., along with more than 20 other banks.

Like other electric vehicle companies, Rivian still recorded a relatively large loss because it required large costs to set up and run a production line and still had minimal sales.

Referring to the prospectus data, in the first half of this year, the company posted a net loss of US$ 994 million, compared to a net loss of US$ 377 million in the same period last year. Meanwhile, in 2020, Rivian bore a net loss of $1.02 billion.

Meanwhile, according to New York Times records on November 1, 2021, Tesla also experienced a loss of US $ 56 million in 2009 before going public in mid-2010. It was only in 2020 that Tesla made its first full year profit.

The EV market is indeed experiencing a surge in global demand, as consumers are becoming more and more environmentally conscious and are starting to switch to eco-friendly vehicles. Tesla produced a record number of cars in the last quarter and is building factories around the world.

Earlier, Tesla shipped 241,300 cars in the third quarter, beating the median forecast for shipments of 223,677 cars from 12 analysts surveyed by Bloomberg and also beating the forecast for the average 221,952 cars Tesla shipped to investors.

Just so you know, Rivian, which was founded in 2009 ago, just managed to bring the R1T electric pickup to the consumer market last September.

Based on prospectus data, as of October 31, 2021, Rivian had approximately 55,400 preorders for R1T pickups and R1S SUVs in the US and Canada from customers who each paid a fully refundable and cancelable deposit of US$1,000.

One of Rivian's major shareholders, e-commerce giant Amazon recently revealed, has ordered 100,000 Rivian EV vans as part of efforts to reduce its carbon footprint.

According to New York Times records, Rivian secured more than $10 billion in investments from Amazon, Ford Motor and several Wall Street companies.

In the IPO prospectus, Amazon is noted to have invested US$1.35 billion into Rivian through investment in shares and US$490 million by buying debt securities which were sold last July. Meanwhile, Ford's investment amounted to US$1.24 billion, while T. Rowe Price, a mutual fund company, has invested US$2.6 billion.

Furthermore, according to the prospectus explanation, Amazon held 22.4% of the company's total shares before the IPO or 17.3% after the IPO. Then, Ford Motor holds 11.1% after the IPO.

Meanwhile, the share portion of certain funds and accounts managed by T. Rowe Price Associates reached 14.5%. In addition, Global Oryx Company Limited and Manheim Investments, Inc., hold 12.2% and 4.3% respectively after the IPO.

Who Wins, Honda HR-V SE or Hyundai Creta Prime IVT?

 All New Honda HR-V, the newest car in Indonesia. Honda's newest SUV (Sport Utility Vehicle) is directly dealing with the Hyundai Creta. Both offer the same engine capacity and the price tag is not much different.

Interestingly, the two SUVs were greeted with great fanfare with an abundance of vehicle orders. The Hyundai Creta launched last February and has sold 1,265 units. Honda reports, the day after its introduction the HR-V has also been ordered with the same total number. Very interesting.

Who Wins, Honda HR-V SE or Hyundai Creta Prime IVT?

So what if you compare the two products on paper? This time we will compare the top variant of the Hyundai Creta Prime and the latest HR-V, the SE variant. Let's get rid of the HR-V RS Turbo variant for a moment because the specifications of this product play on its own with the turbo engine and are priced at IDR 499 million.

Dimension

The All New HR-V offers a length of 4,330 mm, a width of 1,790 mm and a height of 1,590 mm with a wheelbase of 2,610 mm. The front tread distance is 1,545 mm and the rear tread distance is 1,550 mm.

The Hyundai Creta measures 4,315 mm in length, 1,790 mm in width and 1,630 mm in height with a wheelbase of 2,610 mm. Creta offers a ground clearance of 200 mm.

This size comparison shows HR-V is slightly longer than Creta. The widths are similar, with Creta being taller. Interestingly, these two products offer the same wheelbase of 2,610 mm

Machine

The performance of the All New HR-V SE is powered by a 1,498 cc DOHC 4 cylinder inline i-VTEC + DBW engine. This engine produces 121 PS of power at 6,600 rpm and 145 Nm of torque at 4,300 rpm. This engine is 1 PS more powerful than the old model engine.

All new Honda HR-V

Hyundai Creta uses the Smartstream G1.5 MPi inline 4 cylinder 1,497 cc engine that produces 115 PS of power at 6,300 rpm and 143.8 Nm of torque at 4,500 rpm. Both products use a CVT (Continuous Variable Transmission) transmission which on Creta is referred to as IVT. On paper, the HR-V's engine performance is superior to that of the Creta.

 Some other data on paper, the latest HR-V uses ventilated disc front brakes and solid disc rear. The HR-V offers 18-inch rims with 225/50R18 tires. Front suspension uses MacPherson Strut up front and H-Shape Torsion beam at the rear.

The braking function of the Hyundai Creta Prime comes through ventilated disc braking with a floating caliper model at the front and a solid disc with a floating caliper model at the rear. The rim size in all Creta variants is the same, namely 17 inches with the use of 215/60 R17 tires. Suspension, the front of the Creta uses a MacPherson Strut and the rear uses a coupled torsion beam axle.

From this data, it can be seen that both products provide the same technology on the legs. Only the Creta Prime and HR-V SE rim sizes are different.

Feature

We start from the exterior. The All New HR-V SE variant offers LED headlamp technology with LED Daytime running light as well as three-dimensional LED lights at the back. The modern impression comes from the turn signal lights with sequential LED features and the fog lamps with LEDs. The SE variant has been provided with auto foldable door mirrors, rear parking camera, shark fin antenna, and Smart Entry System.

Mesin HR-V

On the Creta Prime, there is a headlamp with LED multi-reflector features with hidden type LED DRLs typical of Hyundai which is found in its parametric jewel grille design. There is also a shark fin antenna, high mount stop lamp with rear spoiler and combination LED taillights.

Entering the interior, the latest HR-V SE variant offers a 4.2-inch TFT Meter Cluster screen, a 7-inch capacitive head unit screen with the ability to play various entertainment formats, smart phone connections, voice commands and others. This head unit is connected to four speakers in the interior of the HR-V.

Other conveniences for passengers and drivers come from the audio steering switch, three driving modes, eco assist, cruise control features, leather-wrapped steering wheel, and the presence of a panoramic glass roof. There are also several USB ports in the first and second rows for easy charging of gadgets while driving. The AC settings are also digital with an Auto AC-enabled dial button and the presence of AC vents in the second row.

Switch to the interior of Creta Prime. The first concern comes to the meter cluster measuring 10.25 inches full TFT LCD with a variety of information. The head unit has a size of 8 inches with the ability to play various entertainment formats, as well as connection with mobile phones. In this variant, there is a Bose sound system with 8 speakers in the cabin. This head unit can be connected to a smartphone which will later connect to the voice command feature, as well as Bluelink as a safety feature.

Some of the interior features of this Creta Prime include leather seats, ambient lamp in the cabin, cooling glove box, telescopic tilt, air purifier, wireless charger, push start button, audio steering switch and cruise control. The AC settings have full automatic temperature control, AC bursts in the second row, ventilated seats for comfort and the presence of several USB ports for charging gadgets in the first and second rows.

Regarding safety features, the All New HR-V offers a G-CON Ace frame structure with side impact beams. There are four front and side airbags, first and second row safety belts, ISOFIX, parking sensors and rear camera. There is also Hill start assist, hill descent control, vehicle stability assist, emergency stop signal, and a brake overdrive system. For security, the HR-V comes with a smart key, auto door lock by speed, immobilizer, alarm system, rear seat reminder and walk away auto lock.

Don't forget Honda Sensing in all the latest HR-V variants. Honda Sensing consists of Collision Mitigation Braking System (CMBS), Lane Keeping Assist System (LKAS), Road Departure Mitigation System (RDM), Adaptive Cruise Control (ACC) with Low Speed ​​Follow, Auto-High Beam, and Lead Car Departure Notification System. (LCDN). The previous Honda Sensing technology has also been applied to models such as the Honda Odyssey, Honda Accord, All New Honda Civic RS, Honda CR-V and All New Honda BR-V.

How about Creta Prime? Braking features anti-lock braking system, electronic stability control, brake assistant control, vehicle stability management, hill start assist control, emergency stop signal and speed sensing auto door lock. There is also impact sensing auto door unlock, child protector rear door lock, rear camera, tire pressure monitoring system, six airbags on the front and sides. There are still features immobilizer, rear occupant alert and burglar alarm.

Hyundai also includes the Hyundai SmartSense feature that resembles Honda Sensing. There are features of high beam assist, forward collision avoidance assist, manual speed limit assist, lane keeping assist, lane following assist, driver attention warning, driver rear view monitor, blind spot collision avoidance assist, safe exit warning and rear cross traffic collision avoidance assist.

Don't forget the internet of vehicle feature on Creta which has a variety of features. Through an application on a mobile phone, Creta users can turn on and off the engine remotely, turn on the air conditioner, lock and open doors, turn on the horn and lights and be able to find the location of the vehicle. There are also SOS features, road side assistance, stolen vehicle immobilization, stolen vehicle tracking and stolen vehicle notification.

Price and Variants

The All New Honda HR-V is offered in four variants. The cheapest variant is the S CVT at a price of IDR 355.9 million. The E variant is offered at a price of IDR 379.9 million, the SE which is discussed at IDR 399.9 million. There is still a Turbo RS variant with a figure of Rp.499.9 million. There are six color variants to choose from, namely platinum white pearl, crystal black pearl, meteoroid gray metallic, lunar silver metallic, sand khaki pearl and ignite red metallic which are specially present in the Turbo RS variant. Sand khaki pearl and ignite red metallic colors have a two tone option where consumers add a fee of IDR 1.5 million for this order.

Hyundai Creta is offered in six variants and four types. There is a Creta Active with a manual transmission which is priced at Rp. 279 million, the Trend MT variant is offered at a price of Rp. 299 million, Trend IVT at a price of Rp. 319 million, Style IVT at a price of Rp. 359 million, Prime IVT at a price of Rp. 397.5 million and Prime IVT two tone at a price of Rp. IDR 399 million.

Hyundai has also included the Hyundai My Own Creta ordering feature. This program allows prospective Creta owners to create Creta according to their needs, including choosing the desired features and additional body kits and red colorpacks.

Conclusion


The comparison on this paper shows the advantages and disadvantages of each product when compared to one another. Both also offer the same price, which is IDR 390 million. Each of them has also proven to be the choice of the majority of people in terms of sales achievement.

Then choose who? Back to consumer preferences and also the after-sales service of each brand. Most clearly, the battle for medium SUVs at similar prices has become quite hot with the presence of these two products. Both also provide high standards for any rivals who will be present in the same segment.

Getting to Know Custom Motorcycles, from Types to Costs to Build

 Buying a mass-produced motorbike is one way to get your dream motorbike. For those who want a more exclusive version, usually the manufacturer also provides special editions that are sold on a limited basis. But what is the solution for people who want a motorbike according to their specifications and desires? Motorcycle custom (custom) is the answer.

Getting to Know Custom Motorcycles, from Types to Costs to Build

In recent years, custom motorcycles are increasingly in demand by the people of Indonesia. This is undeniably the effect of the actions of the President of the Republic of Indonesia, Joko Widodo (Jokowi) who often blusukan using his custom motorbike.

Although it has a price that is usually much more expensive than mass-produced motorcycles, the custom motorcycle scene always has a place in each generation. Custom motorbikes usually do not have a selling price that can be calculated with certainty. The price can start from tens of millions to billions of rupiah.

Understanding Custom Motorcycles

Before discussing further about the types and costs, it's a good idea to repeat a little bit about the definition of a custom motorcycle. 

Royal Enfield Himalayan Custom ekstrim

Custom motorcycles, as the name implies, are two-wheeled vehicles built to customized specifications (customization). Usually it is built from a certain motor base, whether it is only taken from the frame or the engine.

In terms of the engine, the engine used is a unit created by the motorcycle manufacturer. This component is often the basis because this mechanical device requires the quality of manufacturing in the style of the manufacturer to support the performance of the custom motorbike.

Even if there is a custom motorbike that is modified from a complete motorbike, usually the format is to change the body design to suit consumer tastes. From there, the builder will design a new design based on the agreed engine and frame.

Custom Motorcycle Type

There are various types of styles or styles of custom motorbikes, here are some types that are popular in Indonesia.

1. Cafe Racer

Cafe racer is one of the most popular types in Indonesia today. As the name implies, the wild racing style of the past is the visual approach. This one style is popular because it is not too difficult to be adopted into the existing types of factory motorcycles to be customized.

Mark Hawwa

The main characteristic of this motorbike is to use a clamp handlebar, a single seat with a wasp tail, to a round lamp. Because it is designed for those of you who like speed, usually the riding position will look down so it is less comfortable when driving for a long time.

2. Brat cafe

This one model is indeed the development of Cafe Racer. The difference is only slight, and is usually often mistaken for a cafe racer. The main differentiator in the stern and seats.

Suzuki Thunder 125 custom

Where in Cafe Racer there is a hornet, while Brat Cafe uses a flat seat so it looks like a skateboard.

3. Bobber

The bobber was a very popular custom motorcycle style in America in the 1920s. At first this type of modification was applied to the Harley Davidson motorcycle. However, now it has been widely applied to various types of motorbikes from various brands.

Bobber Monkey

The style of this motorbike can be said to be very minimalist. The hallmark of the Bobber is the wide rake angle, large front wheels without fenders, short rear and often without suspension, to using a low handlebar.

The seats used usually use a single seater. This aims to get a lower ground clearance.

4. Brat Style

From the sources we cite, Brat Style is a type of custom motorcycle designed for riding together. Actually the name Brat Style comes from a modification workshop located in Japan.

Brat Style Ride Apart

The modification workshop gives its own characteristics to the modified motorcycles. So that many people can easily find out that the motorbike is the result of a modification of the workshop.

His style applies the philosophy of simplicity. This is one style that is very suitable to be used as an option for those of you who like custom motorbikes for casual riding.

5. Chopper

Chopper is one of the most popular custom motorcycle styles in Indonesia. One of the characteristics of this motorbike is that it has a high handlebar and a low seat.

jokowi

The next characteristic is the diameter of the front wheels which are larger than the rear. Not only in the circumference, but also the width of the tires are often significantly different.

Modifications of this type are mostly done using Harley-Davidson motorcycles or the like.

Cost of Building a Custom Motorcycle

Cost, is a variable that is often asked by ordinary motorcycle enthusiasts. Of course, not a few people are curious about the costs that must be incurred when they want to build a custom motorcycle. Not so for those who are familiar with this scenario, cost is a factor that is often not the main calculation.

The cost of modifying a custom motorbike is actually influenced by only two things, the components used, and the cost of the builder. The money spent to buy components for custom motorbike modifications can be more expensive than the purchase price of the motorbike.

This is very likely to happen if there are a lot of components that are replaced. It can be concluded that the costs that must be incurred to make a custom motorbike are relative to the type of modification made.

There are people who spend up to tens to hundreds of millions just to make modifications. These costs do not include the money spent to buy a motorcycle from the manufacturer.

However, there are several things you can do to save money when modifying your motorbike. One way is to build from a motor that you already have before.

For example, you already have a Kawasaki Ninja ZX-25R and want to change its style into a cafe racer, you can also use the engine and several main frame components as the basis for modification.

The next way is to take a motorcycle base that is cheap and easy to customize. For example, with the Royal Enfield 350 or Kawasaki W175 units, which are sold in Indonesia at quite affordable prices.

What you need to pay attention to is the legality of the custom motorbike. Make sure your partner workshop can issue a certificate for changing data on the STNK and BPKB. Likewise, if there are changes to the machine, make sure to re-test at the Transportation Service and then be registered with Samsat.

Honda Hawk Eleven Officially Released, Specs Surprise!

 Honda has finally officially released the details and specifications of the Hawk 11 (Hawk Eleven) after making its premiere at the 2022 Osaka Motorcycle Show.

The modern retro motorcycle of the café racer genre was developed with the concept of a large motorcycle that provides new value and life that can satisfy experienced riders. As initially suspected, the mechanical heart uses a 1,084 cc unit which is exactly the same as the Africa Twin and Rebel 1100. This parallel 2-cylinder engine produces large torque.

Honda Hawk Eleven Officially Released, Specs Surprise!

Although the puzzle of the shape of the Hawk 11 has been revealed at the 2022 Osaka Motorcycle Show, his party has not officially released the specifications at that time. As predicted, Honda's new Neo Café Racer-style motorcycle carries a large engine and the distinctive booming sound of a large motorcycle exhaust.

The 2022 Honda Hawk 11 is powered by a liquid-cooled, 4-stroke, OHC (Unicam), 2-cylinder 1,082 cc inline engine equipped with a 6-speed manual transmission and electronic control technology. It has a bore and stroke size of 92.0 x 81.4 mm. He is claimed to be able to exhale 100 hp at 7,500 rpm and 103 Nm of torque at 6,250 rpm. Slight difference with the CRF1100L Africa Twin which produces a maximum power of 101 hp at 7,500 rpm and a peak torque of 105 Nm at 6,000 rpm.

Honda's electronic control technology (ECT) is of course also present. Four driving modes are available: Sport, Standard, Rain, and one customizable mode can save the settings according to the user's preferences. Throttle-by-wire, Honda Selectable Torque Control (HSCT), and ABS are also standard equipment.

Honda Hawk 11

Regarding the appearance, the retro impression is highlighted by the use of the half fairing rocket cowl which is often found on café racer motorbikes. Complete with a round headlamp that has adopted LED technology. Then there is a tiny windshield on it. While the placement of the rearview mirror is also unique because it is placed sideways from the cowl holder. The handlebars use a clamp model and make the riding position more bent.

There are not many panels that cover the engine area, making it look more manly and sturdy. Even with the design lines on the motorcycle body that have minimal sharp curves, plus the masculine colors that give the impression of elegance.

Although it has been wrapped in a retro style, the details of the modern motorbike are still visible, especially in the area of ​​the frame and legs which are similar to the Honda NT1100. Dimensionally, he has a length of 2,190 mm, a width of 710 mm and a height of 1,160 mm. Wheelbase is 1,510 mm and ground clearance is 200 mm. The seat height is 820 mm or about 32.28 inches. The total weight of the vehicle is 214 kilograms, or about 471.8 pounds. But this weight is not yet known in detail, including dry weight or wet weight. While the tank capacity reaches 14 liters.

Suspension consists of an SFF-BP upside down fork made by Showa (Hitachi Astemo Co., Ltd.) up front, as well as a monoshock and Prolink rear swingarm setup. All presented to pursue high-quality driving in a speed range of various surfaces.

Braking is provided by a dual disc arrangement at the front with four calipers, and a single disc arrangement at the rear with two calipers. The frame is a semi-double mount design, and the Hawk 11 is equipped with 17-inch front and rear wheels. Wrapped in tires measuring 120/70 up front and 180/55 rear.

The Hawk 11 is available in two color options in Japan, Pearl Hawks Eye Blue and Graphite Black. Honda only produced 1,200 units. It also plans to start releasing this unit on September 29, 2022 specifically for the Japanese market. About the price reached 1,397,000 yen or around Rp. 159 million.

Trinity Uranus RS, an electric scooter from Germany has a visual similar to the Keeway Shiny 150

 Trinity released the latest generation of Uranus with the identity 'RS' behind it. This brand-new electric scooter from the German electric mobility startup is rapidly gaining popularity. That's thanks to low running costs, almost no maintenance, and government incentives for zero-emissions vehicles. However, when it comes to visuals, the Uranus RS has a similar form to the Keeway Shiny 150 which has just been sold in Indonesia.

Trinity Uranus RS, an electric scooter from Germany has a visual similar to the Keeway Shiny 150

The Trinity brand may still be a fairly foreign motorcycle brand name in the global market. However, this German brand has developed high-quality two-wheeled products. The presence of Uranus RS is proof of their seriousness in welcoming future vehicles.

Actually this model is the result of the development of the previous generation of Uranus. It is a pure electric powered scooter. While significantly more expensive than traditional internal combustion scooters, the Uranus RS is proof that the technology around electric powertrains is constantly improving, and becoming more accessible to a wider audience.

The Uranus RS Trinity is powered by a brushless DC electric motor with a peak power output of 11 kW. He is capable of reaching a top speed of 110 km/h, or 68 miles per hour in Sport mode. Arguably much faster than any other electric scooter on the market.

Trinity Uranus RS

The electric scooter is equipped with two 72V/32Ah lithium batteries. Making it able to travel as far as 60 miles or the equivalent of 96 km on a fully charged battery. In addition, the ECU has been programmed to optimize battery performance depending on the driving style, to ensure maximum battery life. Despite its relatively high top speed, the Trinity Uranus RS is categorized as an A1 electric scooter, and can be ridden by anyone who holds a driver's license with the B196 extension.

To offer and even more comfortable driving experience, the Uranus RS comes with three driving modes. Each one is limited to the highest speed. For city trips, Eco mode limits the top speed to 55 km/h. When heading out of town with Standard mode, the speed is limited to 80 km/hour. And the highest Sport mode can reach 110 km / h.

Apart from offering performance, another interesting part is in terms of visuals. It has a vintage scooter design but is wrapped in a modern style. There is nothing strange about that part, only the body design is similar to the Keeway Shiny 150, which was recently launched at the IIMS Hybrid 2022 exhibition. Apart from that, unlike the Keeway, the Uranus RS relies on pure electric power.

You could say they both look identical. Prioritize modern retro design. Body panels in some parts slightly oval. The fascia is round in structure. The front shield is made a little futuristic with the embedding of angled DRL lights that blend with the turn signal. The middle is filled with a front tie, like Italian and French scooters. Chrome tones on a black background. Create the main lighting using LED technology with a round cover. At the bottom there is a wide fender, adjusting the overall style.

The middle body panel is no less interesting than the front. It looks like an egg and sits with Side LED Light (left and right), just like the Keeway Shiny 150. It has a flat deck and is quite spacious. Overall, they are very similar. However, until now there has been no information regarding copyright infringement from the two companies.

In Germany, the Uranus RS will be available from May 2022. As an introductory price of 5,888 Euros (Rp 91 million). Then the official price rose to 6,388 Euros, or Rp. 98 million after the introduction period. There is currently no word on whether the Uranus RS will be sold outside Germany or not.

DAS Indonesia wants to sell Junior Jeep and Wrangler 4xe electric cars, this is the price leak

 PT DAS Indonesia Motor as the official distributor of the Jeep car brand in the country announced a strategy regarding the business of selling its electric vehicles. This can not be separated from the various regulations set by the government to accelerate the era of electric vehicles.

DAS Indonesia wants to sell Junior Jeep and Wrangler 4xe electric cars, this is the price leak

Chief Operating Officer (COO), PT DAS Indonesia Motor, Dhani Yahya said, referring to the current market segmentation and opportunities, it is most likely that they will first launch a Plug-in Hybrid (PHEV) product with the Wrangler 4xe model.

"We see from the Jeep market strategy for Asia. The Wrangler model has a lot of demand, while the Wrangler 4xe has a large engine capacity and can be fuel efficient with its Plug-in Hybrid technology, for traffic jams it is also capable," said Dhani in the Jakarta area. Center, not too long ago.

Until now, continued Dhani, the availability of the Jeep Wrangler 4xe is still left-handled in the global market. Once the right-hand drive option is available, the product will immediately be sold to Indonesia.

"For the Jeep Wrangler PHEV model known as the 4xe, the right wheel is still not available. But once it's available, I think we can bring it to Indonesia," he concluded.

However, there is no definite schedule for the launch of the Wrangler 4xe for the domestic market. But at least, starting from Dhani's confirmation about the plan to sell the 4xe, they are serious enough to enter the era of electrification in Indonesia.

In addition to the PHEV Wrangler 4xe off-road car model, PT DAS has also included the name Junior Jeep pure electric car in its new product plan. He has the appearance of an urban SUV, has a compact body, and is claimed to be suitable for offering to Indonesian consumers.

PHEV Jeep Wrangler 4xe chassis

"Junior Jeep BEV, we will see if we can enter it, the volume depends on the development of taxes in Indonesia, currently with the applicable tax, of course this is still very high. But hopefully in 2025 we will introduce it to the public," he explained.

To welcome the arrival of the pure electric-powered Jeep, according to Dhani, the entire network of Jeep dealerships under DAS has prepared all the tools, mechanic training, and others.

"When this vehicle arrives, we must have special tools. Even the dealers that we have established have taken this into account, in the workshop there is already a charging station, in the parking lot, or a showroom. even though the product will be released either in 2025 or 2026," he added.

Specifications of the Jeep Wrangler 4Xe and BEV Junior

Referring to the official Jeep global website, the Wrangler 4xe is equipped with a 4-cylinder, 1995 cc FCA turbocharged engine with 2 electric motors and a 400 volt 17 kWH lithium ion battery pack. The engine design is capable of producing maximum power of up to 272 horsepower at 5,250 rpm and peak torque of 400 Nm at 3,000 rpm.

In addition to the internal engine, there is also an electric motor in the car's transmission that can deliver a maximum power of 100 kW or the equivalent of 136 horsepower and 245 Nm of torque. With the help of electricity, the Wrangler 4xe can run without an internal engine as far as 33 kilometers. In order to support the battery charging process in the car, Jeep has installed an Integrated Dual Charging Module (IDCM) and a 2.5 kW DC/DC Converter.

Regarding the selling price in the United States (US) market, the Jeep Wrangler 4xe is offered in 3 different variants. The first is the Sahara 4xe at a price of 53,795 US dollars or the equivalent of Rp.772 million, the second is the Rubicon 4xe, which costs 57.890 US dollars 

Junior Jeep BEV

As for the pure electric SUV, the Junior Jeep, according to Dhani, will be equipped with a 43 kWh battery which has a range of up to 320 kilometers when fully charged. Meanwhile, for maximum power it can produce up to 143 horsepower.

Based on the presentation, the Junior Jeep BEV has a length of 4,084 mm, a width of 1,776 mm, a height of 1,535 mm, and a wheelbase of 2,557 mm. He claims that from a stationary car position to 100 km per hour, it can be completed in just 9 seconds.

"I see that there is a supply crisis and so on, so that some manufacturers increase vehicle prices. But, in the long run, for example, Indonesia can have it or the development of battery prices can be cheap, like this Jeep Junior for example (sold) at Rp. 800 million," he concluded.