How One Country Set Aside Nearly $500M for Electric Vehicle Subsidies, But Not For Cars

30 Mar 2023 | Abstracted from Electrek

Indonesia "announced a plan to put 2 million electric motorcycles on the road in the next three years. To help expedite that massive movement toward emissions-free motorcycles, Indonesia has now announced 7 trillion rupiahs (approximately US $460M) in subsidies for electric motorcycle purchases through the end of next year.

"...the subsidies to cover sales of around 800,000 new electric motorcycles as well as the conversion of 200,000 combustion engine motorcycles to electric drive."

ADDITIONAL RELATED NEWS LINKS

• "These Are Not Canaries In The Coal Mine, The Canaries Died A Long Time Ago."


• Batteries Are the Battlefield


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


• Production Of All-New Wuling Air EV Started In Indonesia


• Foxconn Partners With Indonesia to Make Electric Cars


• Foxconn Parent Corp Plans to Build Complete Battery Industry Ecosystem in Indonesia


• Indonesia, LG Clinch $9.8 Billion Deal to Build World's First Integrated EV Battery Industry