Indonesia to provide incentives for EV sales starting March 20 - official

Kitco Media
By Reuters
Published:
Updated:
Reuters
JAKARTA, March 6 (Reuters) - Indonesia will provide incentives for sales of electric vehicles (EVs) starting March 20 to accelerate adoption and attract investment into production at home, senior cabinet minister Luhut Pandjaitan told media on Monday. The programme will cover sales of 200,000 electric motorbikes and 35,900 electric cars, said Industry Minister Agus Gumiwang Kartasasmita. (Reporting by Bernadette Christina Munthe Writing Fransiska Nangoy)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.