Indonesian EV producers upbeat on subsidies

Fast track: Motorists are seen stuck in the morning rush hour traffic in Jakarta. The Indonesian government has been pushing for the faster adoption of EVs nationwide, aiming to get at least 1.2 million electric motorcycles and 35,000 electric cars on roads by 2024. — AP

JAKARTA: Electric vehicle (EV) producers are confident that the planned subsidy for purchasing electric cars and electric motorcycles will drive EV sales in Indonesia.

Tenggono Chuandra Phoa, secretary-general of the Indonesian Electric Vehicle Industry Association or Periklindo, told The Jakarta Post that the subsidy would significantly increase the EV adoption rate.