Indonesia Ready to Become Major Player in Electric Vehicle Industry
The government has set a roadmap for electric vehicle development until 2030 with the production target reach 600,000 units for four-wheels or more and two-wheels reach up to 2,45 million units. Besides the vehicle, Indonesia also focuses to EV’s infrastructure, it is proved by the existence of some Public Electric Vehicle Charging Station (SPKLU) or battery infrastructure for electric cars.
The Indonesian government is significantly supporting the electric vehicle (EV) market through a variety of measures aimed at making EVs more accessible and appealing to consumers. One of the key initiatives includes providing tax incentives and subsidies for electric motorcycles. The direct subsidy of electric motorcycle is provided to Indonesians in the form of 7 millions rupiah discount of the electric motorcycle price. The government targeted the subsidy for 50,000 electric motorcycles.
Indonesia is also moving towards a transformation of the bus industry into electric bus. The government has begun the transformation starting from some electric buses for public transportation in Jakarta. There are now three industry players who are ready to produce with a capacity of 1,200 electric buses per year.