6 April 2021 3:46 pm / 0 comments
Indonesia aims to reach an annual production volume of electrified cars by 2030, said the country’s minister of industry Agus Gumiwang Kartasasmita according to
CNN Indonesia. Meanwhile, the country has also aimed for an annual production figure of 2.445 million electric bikes in that time, the report added.
The production targets for electrified cars and electric bikes aims to reduce CO2 emissions in the country by 2.7 million tonnes from four-wheeled vehicles, and 1.1 million tonnes from two-wheelers, which Indonesia hopes to encourage through various fiscal and non-fiscal incentives,
CNN Indonesia reported.
For consumers, the incentives include a maximum of 10% in regional taxes, 0% downpayment and low interest rates, tax holidays, tax allowances, import duty exemptions and others, according to the report. So far, there have been three domestic industrial companies that have built production facilities for four-wheeled vehicles, with