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Indonesia targets mass EV production by 2028 with national program

Indonesia is aiming for mass production of domestic electric vehicles by 2028, with a goal of having 13 million electric motorcycles and 2 million electric cars on its roads by 2030. This initiative includes a significant manufacturing development planned to produce up to 300,000 vehicles annually. The country is also launching a national electric motorcycle program to build a comprehensive ecosystem for manufacturing, batteries, charging, and after-sales services, supported by state-owned lenders offering affordable financing options. AI

RANK_REASON The cluster details a national-level initiative and targets for EV production and adoption, indicating significant policy and industry shifts. [lever_c_demoted from significant: ic=1 ai=0.1]

Read on SCMP — Tech →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Indonesia targets mass EV production by 2028 with national program

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The cluster details a national-level initiative and targets for EV production and adoption, indicating significant policy and industry shifts. [lever_c_demoted from significant: ic=1 ai=0.1]
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COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Reuters ·

    Indonesia eyes mass production of home-grown EVs by 2028

    Indonesia hopes ⁠to start ⁠the mass production of home-grown ⁠electric cars no later than 2028, President Prabowo Subianto said on Thursday, in an effort to increase the adoption of electric vehicles in Southeast Asia’s largest economy. The president said the government is curren…