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Investors want better incentives to fund EV charging infrastructure
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Powering up: A taxi driver recharges his electric vehicle (EV) at a Bluebird Group pool in Mampang Prapatan, South Jakarta, on July 13, 2022. The government has offered incentives to encourage people to switch from conventional cars to EVs. (Antara/Galih Pradipta)
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nvestors say they need better government incentives to develop the electric vehicle (EV) charging infrastructure necessary for the technology to be widely adopted in the country.
Benhur Lumbantobing, head of regulatory affairs at the Association of National Electric Vehicle Charging Businesses (APPKLI), said on Monday that investors needed better margins on electricity pricing and more efficient licensing to meet the government’s EV targets.
“EV growth in Indonesia is expected to rise by 221 percent each year, targeted to reach 2.2 million by 2030,” Benhur told an audience in Jakarta.
“We will need around 220,000 charging stations, and currently, we only have 842 available,” he added.
Read also: Indonesian EV early adopters face long road ahead
As of June, Indonesia had built 2,188 EV charging and battery swap stations combined, well behind the target of 244,000 stations by 2030 set by the Energy and Mineral Resources Ministry.
He added that investors were seeking a reduction in the base fee for postpaid electricity bills and at least a 50 percent reduction in electricity supply connection fees.
