"We are still doing a benchmark analysis with other
countries [on electric vehicles incentives]," he told reporters
after speaking at an investment forum on Wednesday.
He also said the government would give a cash incentive of 7
million rupiah ($467.60) for every electric motorcycle sold,
until sales reach a certain volume that is still under
discussion.
The planned incentives, however, may only be available
for electric vehicles (EVs) that are at least 40% locally-made,
under Indonesia's 'local content rule'.
"The [next step] is that the local content percentage be
increased further to 60% and more," he added.
Separately on Wednesday, senior cabinet minister Luhut
Pandjaitan said the regulation laying out incentives for EVs is
expected to be issued next week.
($1 = 14,970.0000 rupiah)
(Reporting by Stefanno Sulaiman
Writing by Fransiska Nangoy
Editing by Kanupriya Kapoor)
