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Jakarta Post

The government under the leadership of President Joko “Jokowi” Widodo has set an ambitious target in developing electric vehicle (EV) manufacturing, partly as an effort to help boost the industry, which looks like a Herculean task, according to industry players and the World Bank.

It expects the local automotive industry to begin domestic EV production by 2021 or 2022 to reach the target of exporting 200,000 electric cars by 2025, around 20 percent of the expected total of 1 million car exports in the year. Jokowi has issued a presidential regulation that regulates and incentivizes the EV industry to spur its growth, although it still lacks supporting regulations from other ministries before the cars can hit the road. (JP/ Wendra Ajistyatama)

Read the full article here.

(JP/ Marchio Irfan Gorbiano, Riza Roidilla Mufti)