Nusantara's electric vehicle development drawing international, domestic investors: Indonesian officials

Authorities have highlighted that EVs are central to realising Nusantara's vision as a smart and green city with an environmentally friendly transport system.

Interested parties are both domestic and international and comprise state-owned enterprises as well as private companies and investors, he added. He added that in the EV manufacturing industry, companies such as BYD from China, PT Kalista from Indonesia and Škoda from the Czech Republic are keen to participate.Prabowo's set to become president, so why are foreign investors still wary of Indonesia's new capital Nusantara?

President Joko Widodo, or Jokowi as he is popularly known, had previously encouraged Nusantara residents to only use EVs for travel within the city. The government is planning for Nusantara to be occupied as Indonesia's new capital city in August, coinciding with the country’s 79th Independence Day celebrations.

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Fuente: The Straits Times - 🏆 8. / 63 Leer más »