Indonesia to provide incentives for electric vehicles purchases

Indonesian government will subsidise the sales of 200,000 electric motorcycles and the conversion of 50,000 combustion engine motorcycles this year. - Vietnam News/ANN

JAKARTA, March 6 (Vietnam News/ANN): Indonesia will provide incentives to boost sales of battery-based electric vehicles (KBLBB) starting March 20, as part of efforts to encourage the use of this type of vehicle and attract investment into domestic production, a senior cabinet minister has said.

Speaking at a press conference on March 6, Coordinating Minister of Maritime Affairs and Investment Luhut Pandjaitan said the use of KBLBB will help promote sustainable development by reducing greenhouse gas emissions and building a domestic battery industry, thereby creating jobs and increasing budget revenue.