The Indonesian government will soon issue electric motorcycle incentives, aiming to encourage increased performance of the automotive industry this year.
A woman rides a converted electric motorcycle (Photo: en.antaranews.com)
Jakarta (VNA) 🐽– Indonesia’s Minister of Industry (Menperin) Agus Gumiwang Kartasasmita said that the coutry’s government will soon issue electric motorcycle incentives, aiming to encourage increased performance of the automotive industry this year.
According to him, the incentive scheme will be issued in the near future to encourage people to use environmentally-friendly vehicles.
The minister revealed that the production of two-wheeled vehicles reached 6.91 million units in 2024. Then, the national motorcycle sales performance also grew by 6.33 million units.
Meanwhile, exports of motorcycles in the form of CBU (completely built up) have now reached 572,000, followed by exports of CKD (completely knocked down) of 46,000 units, and exports of part by part of 153 million units.
He stressed that through this performance, many small and medium industries have been involved.
📖 The Minister of Industry appreciated the increasing number of new automotive brands entering the Indonesian market. This is believed to be able to expand the automotive market in the country./.
Indonesia’s Industry Ministry said it has so far distributed subsidies for the purchase of 30,083 electric motorcycles, accounting for 60.1% of the target of 50,000 for the 2024 budget year.
The incentives were granted for the conversion of 1,111 units of gasoline-powered motorcycles into electric ones in 2024 as compared to the previous year’s figure of 145.
Secretary-General of the Indonesian Ministry of Energy and Mineral Resources Dadan Kusdiana on May 23 said that the Indonesian government has approved a funding of 455 million USD to provide subsidies for the purchase of electric motorcycles.
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