Hyundai launches electric vehicle subscription program in Indonesia

PT Hyundai Motors Indonesia has introduced the Hyundai Subscribe program at the Indonesia International Motor Show 2026, allowing users to enjoy electric vehicles via monthly subscriptions without outright ownership. The program includes insurance, maintenance, and taxes, and marks the first such initiative in the Asia Pacific region with Indonesia as the pioneering country.

The way Indonesians view vehicle ownership is shifting with the rising popularity of electric cars. PT Hyundai Motors Indonesia has captured this trend by launching the Hyundai Subscribe program at the Indonesia International Motor Show (IIMS) 2026 in JIEXPO Kemayoran, Jakarta.

The program provides a monthly subscription option for electric vehicles, where users pay a fixed fee that covers insurance, maintenance, and taxes. This relieves users from the additional costs typically associated with conventional vehicle ownership.

"Hyundai Subscribe offers a flexible way for our customers to enjoy our latest technology without the constraints of traditional ownership. This program is introduced for the first time in the Asia Pacific region, with Indonesia selected as the first country," said Kenny Lee, President Director of PT Hyundai Solusi Mobilitas.

The launch reflects a lifestyle change prioritizing flexibility. Internal Hyundai data indicates growing interest in vehicle subscription models over recent years.

In the initial phase, the program features two models: Ioniq 5 and Ioniq 5 N. The Ioniq 5 is designed for daily use with a modern design, fast charging, and a spacious interior suitable for family activities. Meanwhile, the Ioniq 5 N delivers a sporty driving experience with high power, quick acceleration, and dynamic handling.

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Photorealistic illustration of IIMS 2026 motor show in Jakarta, showcasing new electric cars like BYD Atto 3 and Suzuki eVitara amid excited crowds.
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IIMS 2026 showcases latest electric and hybrid cars

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The Indonesia International Motor Show (IIMS) 2026 at JIExpo Kemayoran, Jakarta, features new launches of beginner-friendly electric and hybrid cars. Running from February 5-15, 2026, the event showcases models like the BYD Atto 3 Advanced Plus and Suzuki eVitara starting at Rp299 million. Manufacturers such as Bridgestone are also participating with efficient tires for electrified vehicles.

The Indonesia International Motor Show (IIMS) 2026 in Jakarta features new vehicle models from brands including Mitsubishi, Wuling, Hyundai, Jetour, and Suzuki, along with attractive discount offers. The event serves as a platform for automakers to introduce innovations and attract consumer interest. Visitors can explore family SUVs, comfortable electric cars, and MPVs with discounts up to Rp40 million.

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Geely Group has introduced the premium electric vehicle brand Zeekr for the first time in Indonesia at the Indonesia International Motor Show (IIMS) 2026 on February 5, 2026. The launch includes a pre-booking program for two key models, Zeekr 009 and Zeekr 7X. This marks Geely's expansion in the domestic electric vehicle market.

Tesla CEO Elon Musk announced on January 14, 2026, via X that the company will end one-time purchases of its Full Self-Driving (FSD) software after February 14, 2026, moving exclusively to subscriptions amid a California court ruling deeming FSD marketing misleading, ongoing NHTSA investigations, declining sales (1.64 million vehicles in 2025, down 9%), low adoption (12-15%), BYD overtaking as top EV maker, and rising competition from Nvidia, Rivian, and Waymo. The shift may aid Musk's trillion-dollar compensation goals requiring 10 million active FSD subscriptions.

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Tesla has disclosed that more than 1.1 million drivers worldwide are actively using its Full Self-Driving Supervised software, marking the first time the company has shared such adoption figures. This milestone, reported in the firm's Q4 2025 earnings, shows FSD penetration at about 12.4% of its global fleet of 8.9 million vehicles. The growth highlights accelerating subscriptions even as vehicle deliveries softened.

Tesla maintained its lead in the used electric vehicle market throughout 2025, though competitors like Ford, Volkswagen, and Hyundai made significant gains. Models such as the Model 3 and Model Y accounted for nearly 40% of sales in one- to five-year-old used EVs. The market is set to become even more diverse in 2026 with increased off-lease inventory.

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Xiaomi has launched a seven-year low-interest financing plan for its YU7 electric SUV, mirroring a recent offer from Tesla amid fierce competition in China's EV market. The incentive, announced by CEO Lei Jun, applies to all YU7 variants and targets orders placed between January 16 and February 28. This move comes as both companies vie for dominance in the popular SUV segment.

 

 

 

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