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Government Prepares IDR 5 trillion Electric Vehicle Incentives in 2023

Indonesia is increasingly serious in developing vehicle electrification era by launching various programs. However, the high price of electric vehicles is still one of the problems to attract market share in the country. Coordinating Minister for the Economy Airlangga Hartarto said the government is currently preparing IDR 5 trillion funds as an incentive to buy […]

Automotive Industry Performance

The Minister of Industry revealed that until now automotive industry in the country is still one of the manufacturing sub-sectors that makes a brilliant contribution to the national industry. Exports of automotive products for four-wheeled or more motorized vehicles including components in January-April 2021 period were recorded at Rp. 29.88 trillion, around Rp. 18.63 trillion […]

The Government’s Efforts to Make Indonesia become a Major Player in the Electric Vehicle Industry

The government continues to accelerate the development of electric vehicles (EVs) in the country. Some efforts have been made through the preparation an EV development roadmap, the provision of various incentives, to the development of EV ecosystem in Indonesia. The transportation equipment industry is a priority in the 2015-2035 National Industrial Development Master Plan (RIPIN). […]