. This was revealed by the current minister of industry Agus Gumiwang Kartasasmita, who added that subsidies will also be provided for other electrified vehicles.
In the case of hybrid vehicles, the subsidy will be up to 40 million rupiah , while it is up to eight million rupiah for electric motorcycles. The government will also cover up to five million rupiah of the cost to convert an internal combustion engine motorcycle to an electric one. These subsidies are aimed at promoting the uptake of electrified vehicles in the country, which is currently focused on attracting foreign investment for zero-emissions vehicles. According to, Indonesia has a target to have at least 1.2 million electric bikes and 35,000 electric vehicles in use by 2024.
There is a catch, and that is these subsidies only apply to EVs and hybrids that are locally assembled in Indonesia. This makes sense to encourage local production of EVs, which some car companies are looking to embrace, as evident when Toyota Astra Motor debuted theAgus Gumiwang said his ministry will discuss with the ministry of finance on whether fully imported electrified vehicles would also be eligible for subsidies.
Malaysia doesn’t offer subsidies to EV buyers, but CBU EVs are currently exempt from excise and import duties