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View all search resultsPresident Prabowo Subianto unveiled a subsidy program for 1 million locally made electric motorcycles in his Aug. 14 state budget address, pitching the scheme as a triple win for consumers, energy security and jobs.
Industry players have welcomed plans to reinstate purchasing subsidies for electric two-wheelers as the government looks to reduce reliance on imported fossil fuels that have become increasingly costly amid ongoing tension in the Middle East.
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