Incentive Plans to Stimulate Sales of Electric Vehicles

Last Update:2023-06-15

Summary

The incentive plan will cover the sales of 200000 electric motorcycles and 35900 electric vehicles, as well as the modification of 50000 internal combustion engine motorcycles. At present, it remains to be further clarified how much financial support the Indonesian government will provide for this plan, but Indonesia has stated that for every new motorcycle sold or every internal combustion engine motorcycle converted into an electric motorcycle, manufacturers and retailers will receive a subsidy of 7 million Indonesian rupiah (approximately $457.82). View Details >

Details

Country

Indonesia

Year

2023

Type

Others

Keywords

New Energy Vehicles

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