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Indonesia

Indonesian govt. subsidizes 11,532 electric motorcycles purchased in 2023; misses 200,000-unit target

Reported on January 5, 2024, the Indonesian Industry Ministry revealed that around IDR 1.4 trillion (USD 90.1 million) was budgeted for the subsidy program for electric motorcycles in 2023.
However, the program consumed roughly IDR 78 billion (USD 5 million) in state funding in 2023 with only 11,532 electric motorcyc....

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