According to foreign media reports, Indonesia plans to provide subsidies for electric vehicles starting next year, aiming to have 2.5 million electric vehicle users by 2025, stimulating market demand and reducing air pollution.
Indonesian Transport Minister Budi Karya Sumadi said in an interview a few days ago that the government is studying the size and specific mechanism of subsidies, and promised that the new regulations will be a “disruptor” in Indonesia’s auto industry. Regulators are also considering subsidies for retrofitting internal combustion engine vehicles. It is reported that Indonesia’s Ministry of Transport will approach automakers with a presence in the country, including Hyundai Motor and BYD, in hopes of building an electric vehicle ecosystem for the new capital in Borneo.
Indonesian President Joko Widodo has launched a series of electric vehicle policies in recent years. This year the Indonesian government ordered all state government offices to use electric vehicles and asked state utility PLN to expand its network of charging stations to reach its target of 2 million electric motorcycle users and 500,000 electric vehicle users within four years.
The data shows that as of October 3, the number of electric vehicles in Indonesia was 28,188, of which motorcycles accounted for 22,942.
