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Indonesia’s EV push faces bumpy road as consumers hesitate despite subsidies

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Elisa Valenta

Elisa Valenta

Published Sat, Oct 7, 2023 · 05:00 AM
    • Motorcyclists travel on a street in Bali. Indonesia has a scheme to offer a 7 million rupiah discount to buyers of electric motorcycles.
    • Motorcyclists travel on a street in Bali. Indonesia has a scheme to offer a 7 million rupiah discount to buyers of electric motorcycles. PHOTO: BLOOMBERG

    Jakarta

    MORE than six months after the Indonesian government introduced financial subsidies for those looking to buy electric motorcycles, the take-up rate has been far from stellar.

    According to latest figures from the Ministry of Industry, only 836 people have received the subsidy – a drop in the ocean, given that this year’s quota is for as many as 200,000 electric two-wheelers.

    Asean BusinessAseanIndonesiaElectric vehicles

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