Bisnis.com, JAKARTA – Indonesia’s battery electric vehicle (BEV) market is expected to sustain robust growth in 2026, as escalating geopolitical tensions in the Middle East fuel a sharp rise in global oil prices.

Yannes Martinus Pasaribu, an automotive expert and academic at the Bandung Institute of Technology (ITB), said that in a volatile global economic climate, upper-middle-class consumers are responding rationally by shifting to electric vehicles to curb operating expenses.

Bisnis.com, JAKARTA — Indonesia’s automotive sales have been deteriorating in the past five years, even as more car brands are introduced in the country.

Despite setting growth targets for 2026, the industry remains burdened by structural headwinds, particularly weakening purchasing power and tightening financing conditions.

Bisnis.com, JAKARTA — Shares of PT Astra International Tbk. (ASII) posted an impressive performance in 2025 despite the prolonged slowdown in the automotive industry. The question now is what lies ahead for ASII shares and whether they remain worth accumulating in 2026.

Bloomberg data show ASII shares have stayed firmly in positive territory, advancing 35.2% year to date (YtD) to Rp6,625 per share as of Monday’s trading session (12/15/2025) at 14:00 Jakarta time.

Bisnis.com, JAKARTA —PT Astra International Tbk. (ASII) is projected to post stronger financial results in Q3/2025, supported by expectations of rising car sales.

The company is estimated to release its Q3 financial report on October 30, 2025.