Indonesia to provide incentives to boost EV sales, attract investment
JAKARTA – Indonesia will provide incentives to boost sales of electric vehicles (EVs) starting March 20, as part of efforts to accelerate adoption and attract investment from companies like Tesla, senior cabinet minister Luhut Pandjaitan said on Monday. The incentive programme will cover sales of…
ASEAN Countries in Talks for Regional EV Ecosystem
JAKARTA – ASEAN member states are in talks for a regional ecosystem of electric vehicles as chair Indonesia seeks to make Southeast Asia remain an epicenter of economic growth, according to the Foreign Affairs Ministry. “This is about how we can set up a regional [EV]…
Indonesia’s Bakrie Group seeks nickel mine, partners up for $9 bln EV project
JAKARTA – Indonesian conglomerate Bakrie & Brothers (BNBR.JK) is looking to acquire a nickel mine in the resource-rich island of Sulawesi to supply a planned integrated industrial park to produce electric vehicle batteries, an executive said on Friday. Also known as the Bakrie Group, which…