The government of Indonesia is considering new fiscal policies and regulations to encourage production and purchases of electric vehicles (EV) in the country. Indonesia, the largest automotive market in Southeast Asia, is currently preparing a roadmap to support the 20% target of EV use by 2025. As said by the Partner and Managing Director of Solidiance, Gervasius Samosir, Indonesia puts a high hope for the government to finalize the EV regulation in the beginning of 2019. The fiscal schemes include sales tax elimination, import tariffs reduction and tax cut to EV battery producers and automakers.

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Source: https://pubs.lubesngreases.com/lubereport-asia/6_7/legal/Indonesias-EV-Policies-Unlikely-to-Impact-Lubes-14534-1.html


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