Indonesia’s New EV Incentives Aim to Attract BYD and Tesla

According to recent reports from foreign media, Indonesia is currently finalizing a set of new incentives aimed at attracting investments from electric car manufacturers. Senior Indonesian Minister, Luhut Pandjaitan, disclosed on July 25 that the government is actively engaging in negotiations with prominent companies like テスラ そして 比亜迪.

Luhut Pandjaitan, who serves as Indonesia’s Coordinating Minister for Maritime Affairs and Natural Resources, made this announcement during a nickel conference hosted by CNBC Indonesia. He mentioned that the upcoming incentives will be designed to be competitive with offerings from other regional competitors like Thailand and Vietnam. しかし, specific details about the incentives have not been provided yet.

As the largest economy in Southeast Asia, Indonesia is striving to entice electric vehicle manufacturers to invest in the country. One of the primary attractions for these companies is Indonesia’s abundant reserves of nickel, a crucial raw material for electric vehicle batteries.

Despite Indonesia’s efforts, some automakers, including BYD, have opted to invest in Thailand, which serves as the automotive hub of Southeast Asia. In response to this, Luhut expressed, “We are in the final stages of designing the incentives for electric vehicle investment in Indonesia. The proposed measures are currently awaiting approval from Indonesian President Joko Widodo.”

China has also been implementing a series of preferential policies to boost its electric vehicle industry, including subsidies of up to US$500 billion for each domestically produced electric vehicle and a reduction of value-added tax on pure electric vehicles from 11% 宛先 1%.

その上, Luhut revealed his upcoming meetings with BYD executives in Chengdu, China on July 27, and plans to meet with Tesla CEO Elon Musk in California, USA on August 3.

It’s worth noting that Indonesia has been actively courting Tesla for several years, hoping to secure the establishment of an electric vehicle production center within the country. しかし, Tesla has been involved in negotiations with Indian officials for an investment in an electric vehicle factory.

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