Government Plans Rp80 Million Subsidy for Electric Cars

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Adi Ahdiat 15/12/2022 10:40 WIB

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The Indonesian government plans to subsidize the purchase of electric cars with Rp80 million per unit, and electric motorcycles with Rp8 million per unit.

Indonesia's Electric Motorcycle and Car Subsidy/Incentive Plan

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Indonesia's Electric Motorcycle and Car Subsidy/Incentive Plan

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The Indonesian government is finalizing a policy on subsidies or incentives for the purchase of electric motorcycles and electric cars.

This was revealed by the Minister of Industry (Menperin), Agus Gumiwang Kartasasmita, in a press statement released on the official YouTube account of the Indonesian Presidential Secretariat on Wednesday, December 14, 2022.

"Incentives will be given to purchases of electric cars or motorcycles that have factories in Indonesia," said Minister Agus.

Minister Agus mentioned the planned amount of subsidies or incentives for buyers of electric vehicles as follows:

* Electric cars: Rp80 million
* Hybrid cars: Rp40 million
* Electric motorcycles: Rp8 million
* Conversion of gasoline motorcycles to electric motorcycles: Rp5 million

"We are learning from various countries that are relatively more advanced in the use of electric vehicles, both cars and motorcycles, for example, European countries, because their governments provide incentives," said Minister Agus.

"If we look at China, they also provide incentives, and Thailand, which is actually our competitor, also provides incentives," he continued.

"Each country has a different policy, but the point is to provide incentives, and in this context, Indonesia wants to encourage the use of electric cars or motorcycles to be faster," he added.

Minister Agus stated that providing subsidies or incentives for electric vehicles will benefit Indonesia's nickel industry.

"Indonesia's nickel reserves are the largest in the world; this is one of the raw materials for electric vehicle batteries," he said.

These incentives are also expected to reduce the budget for fuel subsidies and encourage global electric vehicle manufacturers to invest in Indonesia.

"As a global community, we are also demonstrating our commitment to reducing carbon emissions," concluded Minister Agus.

Editor : Adi Ahdiat

"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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Government Plans Rp80 Million Subsidy for Electric Cars

Government Plans Rp80 Million Subsidy for Electric Cars

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Government Plans Rp80 Million Subsidy for Electric Cars

Government Plans Rp80 Million Subsidy for Electric Cars

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