n government: Tax incentives for electrified vehicles Value added taxfor EVs From April to the end of December 20245 to 10 points of 11% of the value added tax are borne by the government.*10 point reduction: 4-wheeled EVs and electric buses (carrying more than 10 people including a driver) with TKDN (domestic content rate) of 40% or more*5 point reduction: electric buses with TKDN of 20% or more and less than 40% From January to the end of De...

Market & Tech Reports  Updated at: 2025/06/13

rnment is tackling climate change issues by offering incentives to expand the electric mobility industry and its user population. Starting March 20, 2023, subsidies of IDR 7 million (approximately JPY 70,000) per unit are provided for the purchase of electric motorcycles with a local content ratio (TKDN) of 40% or more, or for the conversion of a gasoline-powered motorcycle to an electric motorcycle. In August of the same year, it was announced t...

Market & Tech Reports  Updated at: 2024/09/10

ratio of 40% or more. 2024・ Continuation of subsidy. The same amounts as in 2023. Extension of the period for increasing the domestic content rate According to a GAIKINDO release on December 16, 2023, the Indonesian government has postponed the time period for increasing the local content rate (TKDN) of four-wheeled EVs to more than 40% from the initial 2024 to 2026. Experts appreciated this measure as providing opportunities for growth and d...

Market & Tech Reports  Updated at: 2024/09/04

ia for seven years and knowing the market very well, the company is well aware that electric vehicles alone are not enough to compete. Wuling's booth Wuling EV Technology   Wuling's three main models A, B, and C (Air ev, Binguo EV, and Cloud EV) are all produced in Indonesia and meet the TKDN (Local Content Policy) of over 40%. Wuling has announced its intention to make Indonesia an export production hub for right-hand-drive vehicles a...

Market & Tech Reports  Updated at: 2024/08/30

continue its tax incentives that began in 2023. The tax reduction and exemption for value-added tax and luxury sales tax will continue until the end of 2024, while import tariff exemption will last until the end of 2025. Purchase subsidies for electric motorcycles with the Domestic Component Level (TKDN) of over 40% will also be provided in 2024 until the budget is used up.   Sales of EVs in Indonesia totaled 10,327 units from seven OEMs in 2022...

Market & Tech Reports  Updated at: 2024/04/12