Indonesia
INDONESIA'S EV MARKET JUMPS AFTER 2023 INCENTIVE POLICY
Indonesia’s electric vehicle (EV) market has expanded rapidly following the implementation of Presidential Regulation No. 79 of 2023, which introduced incentives to boost adoption. EV sales grew from around 17,000 units at the end of 2023 to about 103,000 units by the end of 2025, according to senior official M. Rachmat Kaimuddin. The policy also encouraged global and regional automakers to increase investments, raising the number of EV manufacturers operating in Indonesia from just two to at least ten, with their combined market share jumping from 12 percent to 65 percent. Consumers now benefit from a broader variety of over 100 available EV models, compared with about 30 previously, along with lower prices, improved quality, and larger battery capacities. Industry representatives say the regulation is a key step in developing a robust domestic EV ecosystem. Rian Ernest of the Electric Mobility Ecosystem Alliance noted that rising EV adoption can strengthen national energy security and reduce reliance on imported fuels while supporting environmental goals. The regulation provides clearer policy direction and fosters cross‑sector collaboration, helping align market growth with manufacturing capacity, infrastructure development, and supply chain expansion to support Indonesia’s long‑term industrial strategy.Source: https://en.antaranews.com/news/402346/indonesias-ev-market-jumps-after-2023-incentive-policy?utm_source=antaranews&utm_medium=mobile&utm_campaign=latest_category (ICE GIACARTA)
Fonte notizia: ANTARA NEWS. 31 January 2026
