2023 sees Indonesia subsidising sales of electric bikes - paultan.org

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2023 sees Indonesia subsidising sales of electric bikes

Beginning 2023 Indonesia plans to subsidise electric motorcycles to increase affordability and stimulate sales. Coordinating Minister of Maritime and Investment Affairs Luhut Pandjaitan said Indonesia is finalising the scheme which will see 6.5 million rupiah put towards each individual purchase of an electric motorcycle with a similar scheme being considered for cars.

“If you want to swap your motorbike to electric one next year, do it. You will get a subsidy,” said Pandjaitan while addressing a banking forum. Indonesia plans to have at least 1.2 million electric motorcycles and 35,000 electric cars on the road by 2025, according to aCurrent uptake for electric vehicles in Indonesia is growing but industry groups have pointed the sales and adoption rate is low due to the higher purchase price.

Coming with diverse and extensive experience in heavy engineering, Mohan enjoys making anything with wheels go fast, especially motorcycles. His weapon of choice is the Desmoquattro engine, and he has a penchant for anything with a dash of Italian design. Strangely enough, he insists he's a slow rider.

 

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