Indonesia to end incentives for imported CBU EVs
Summary
Indonesia will end incentives for imported completely built-up electric vehicles by the end of 2025 to focus on developing a national car program and domestic automotive production.
Key Points
- Indonesia will not extend incentives for completely built-up electric vehicle imports beyond 2025.
- The incentive scheme, which reduces import duties from 50% to zero, expires on December 31, 2025.
- The government plans to redirect budgetary support toward a national car program to revitalize the domestic automotive industry.
- Automakers benefiting from the incentives are expected to invest in local electric vehicle production and manufacturing facilities.
