Key insights and market outlook
Toyota Astra Motor (TAM) is set to launch the Veloz Hybrid at the GJAW 2025 exhibition from November 21-30, 2025. The new hybrid vehicle will be offered in four variants with prices starting from approximately Rp 299 million for the base model Veloz V HV in Jakarta. This launch will intensify competition in the hybrid vehicle segment, particularly in the seven-seater category. The pricing strategy suggests Toyota aims to position Veloz Hybrid as a competitive offering in the growing hybrid market.
Toyota Astra Motor (TAM) is preparing to launch the Veloz Hybrid during the GJAW 2025 exhibition scheduled from November 21 to 30, 2025. This move represents a significant expansion of Toyota's electrification strategy in Indonesia, particularly in the low multi-purpose vehicle (LMPV) segment. The Veloz Hybrid will be Toyota's latest addition to its hybrid vehicle lineup, competing directly in the increasingly competitive seven-seater hybrid market.
According to information obtained from a Toyota sales representative, the Veloz Hybrid will be available in four variants with competitive pricing. The base model, Veloz V HV, is expected to be priced at Rp 299 million in Jakarta. This pricing is reported to be binding for sales orders made until December 31, 2025. The strategic pricing aims to make the Veloz Hybrid one of the most competitive offerings in its class, potentially challenging existing market players.
The introduction of Veloz Hybrid will significantly impact the Indonesian automotive market, particularly in the hybrid vehicle segment. As Toyota continues to expand its electrification portfolio, the company is positioning itself to capture growing consumer demand for more fuel-efficient and environmentally friendly vehicles. The LMPV segment, where Veloz operates, is particularly popular in Indonesia, making this launch strategically important for Toyota's market share maintenance and growth.
The success of Veloz Hybrid will depend on various factors including market reception, competition response, and the overall growth of the hybrid vehicle market in Indonesia. Toyota's established brand presence and distribution network are expected to support the model's adoption. The competitive pricing strategy, combined with Toyota's reputation for quality and reliability, positions the Veloz Hybrid as a strong contender in its segment.
New Vehicle Launch
Competitive Pricing Strategy