Indonesia seeks to rev up domestic EV production amid rising demand
- JAKARTA: Indonesia is looking to expand domestic electric vehicle production and strengthen its battery supply chain as more motorists turn to electric cars and motorcycles to save on fuel and maintenance costs.
- The government is banking on the country's vast nickel reserves, growing consumer demand and policies aimed at encouraging local manufacturing to accelerate the shift towards electric mobility.
- But questions remain over whether Indonesia can sustain the momentum, with a long-awaited EV incentive scheme yet to be implemented and concerns emerging over whether subsidies would be better s
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- JAKARTA: Indonesia is looking to expand domestic electric vehicle production and strengthen its battery supply chain as more motorists turn to electric cars and motorcycles to save on fuel and maintenance costs.
- The government is banking on the country's vast nickel reserves, growing consumer demand and policies aimed at encouraging local manufacturing to accelerate the shift towards electric mobility.
- But questions remain over whether Indonesia can sustain the momentum, with a long-awaited EV incentive scheme yet to be implemented and concerns emerging over whether subsidies would be better s
Sources: CNA