China vs. South Korea Electric Vehicle Prices: Which is More Expensive?

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Erlina Fury Santika 25/04/2025 18:40 WIB

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Electric vehicles from Chinese and South Korean manufacturers have significantly different prices. South Korean Hyundais, for example, are observed to be more expensive.

Prices of Chinese (BYD) and South Korean (Hyundai) Electric Vehicles, Sorted by Highest Price (April 25, 2025)

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Prices of Chinese (BYD) and South Korean (Hyundai) Electric Vehicles, Sorted by Highest Price (April 25, 2025)

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Two major electric vehicle producers, China and South Korea, are vying for market share in Indonesia.

However, based on Gaikindo data, Chinese manufacturers are more dominant. In the first quarter of 2025, the Chinese automotive brand BYD achieved the highest electric vehicle wholesales in the Indonesian market with a volume of 5,718 units.

Many other Chinese electric vehicle brands are also in the top 10, namely Wuling, Denza, Chery, Aion, Geely, and Neta.

Meanwhile, the highest-selling South Korean manufacturer is Hyundai, with 574 units.

The two manufacturers have significantly different unit prices. According to the official BYD and Hyundai websites, South Korean-made cars are noticeably more expensive.

The Ioniq 6 from Hyundai, for example, is priced at Rp1.23 billion based on data from Friday, April 25, 2025. Compare this to BYD's most expensive model, the Seal, which is Rp639 million, or half the price of the Ioniq 6.

(Read also: [This is the Best-Selling BYD Car Model in the Indonesian Market in Q1 2025](https://databoks.katadata.co.id/transportasi-logistik/statistik/68089bdf192f9/ini-tipe-mobil-byd-terlaris-di-pasar-indonesia-kuartal-i-2025))

The best-selling Hyundai car, the Ioniq 5, is sold for Rp738 million. This is also higher than the best-selling BYD, the BYD M6, priced at Rp383 million. The three most expensive models are all Hyundais, as shown in the graph.

Here is a complete list of prices for Hyundai cars from South Korea and BYD cars from China:

**Hyundai**

* Ioniq 5 N (sport) Rp1,317,600,000
* Ioniq 6 Rp1,237,200,000
* Ioniq 5 (prime STD range) Rp738,300,000
* Kona Electric (style STD range) Rp516,000,000

**Notes:**

* Prices are valid for the Jakarta area.
* The listed prices are only valid for the first vehicle ownership.

**BYD**

* Seal (premium) Rp639,000,000
* Sealion 7 (premium/6 seater) Rp629,000,000
* Atto 3 (advanced) Rp470,000,000
* M6 (standard/7 seater) Rp383,000,000
* Dolphin (dynamic/standard range) Rp369,000,000.

**Notes:**

Prices for the Jakarta area as of February 2025.

***Disclaimer:** A word was added to the seventh paragraph; it was originally written as "BYD 6" and changed to "BYD M6 Rp383 million" on Monday, April 28, 2025, at 1:26 PM WIB.*

(Read also: [Chinese Brands Dominate Indonesia's Electric Vehicle Market in Q1 2025](https://databoks.katadata.co.id/transportasi-logistik/statistik/6805d928f0669/merek-china-kuasai-pasar-mobil-listrik-indonesia-kuartal-i-2025))

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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China vs. South Korea Electric Vehicle Prices: Which is More Expensive?

China vs. South Korea Electric Vehicle Prices: Which is More Expensive?

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