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Two-Wheelers Come First in Indonesia's Electric Vehicle Strategy

13 Nov 2022 | Abstracted from Financial Post

"Indonesia's state-owned electric vehicle company is focusing on the more than 115 million motorcycles...Indonesia Battery Corporation plans to produce 50,000 battery packs for two-wheelers next year...Only 21,000 motorbikes in Indonesia are electric...

"The government aims to boost domestic use of electric vehicles to 2 million units in 2025, and there are plans to offer an incentive of 7.5 million rupiah ($484).

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