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Carmakers in Indonesia get 2 more years to prepare for EV incentives; deadline delayed to 2026
Reported on August 10, 2023, the Indonesian government has announced the relaxation of the local content requirement for carmakers, giving them 2 more years to be qualified for EV incentives. The relaxed rules now require carmakers to make at least 40% of the content of EVs in Indonesia by 2026. This is expected to e....
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