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Jakarta Post

Electric cars way of future

  • Rachmadea Aisyah

    The Jakarta Post

Jakarta   /   Fri, March 15 2019   /  12:24 am

The government has said that Indonesia has the potential to become an exporter of electric vehicles in the future, even though regulations on the industry are not yet in place and production will not begin anytime soon.A proposed presidential regulation (Perpres) on electric vehicles (EVs) is the main reason for the government having such a dream. The upcoming regulation will incentivize the use of EVs by changing the luxury goods tax (PPnBM) calculation for vehicles so that it is based on carbon emissions rather than engine capacity.The Finance Ministry and Industry Ministry brought the proposal to the House of Representatives earlier this week, saying that it would spur the country’s automotive exports.Industry Minister Airlangga Hartarto said on Wednesday the regulation was expected to be established by the end of the first half of 2019. Its implementation and the subsequent commerc...