INDEF economist: new incentives for HEVs to hinder development of Indonesia’s BEV industry

Reported on June 21, 2024, the Indonesian Institute for Development of Economics and Finance (INDEF) pointed out that the government’s plan to introduce new incentives for HEVs may hinder the progress of the local BEV ecosystem.
Once the incentives are implemented, sales of hybrid cars will certainly increase. This c....

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