Sri Mulyani Says Subsidy for Electric Vehicles under Discussion

Translator

Dewi Elvia Muthiariny

Editor

Laila Afifa

Jumat, 2 Desember 2022 09:29 WIB

TEMPO.CO, Jakarta - The government planned to grant subsidies for people purchasing electric vehicles starting next year in a bid to boost public interest in taking part in the energy transition project. Finance Minister Sri Mulyani Indrawati confirmed that the government will discuss the plan.

She asserted that no policy regarding the subsidy is finalized yet. “It will be discussed,” said Sri when met at the Dhanapala building of the Finance Ministry, Jakarta, Thursday, December 1, 2022.

Earlier, Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan revealed the subsidy for the purchase of electric motorbikes might reach Rp6.5 million per unit.

“We are finalizing [the policy on subsidy for electric] motorbikes. Perhaps it is Rp6 million. In Thailand, [the subsidy amounts to] Rp7 million. So it’s probably about Rp6.5 million here,” said Luhut on Thursday.

Luhut expressed optimism that the subsidy could attract people's interest in switching to battery-powered cars and motorcycles. In addition, the consumption of fossil fuels could be reduced.

“We have calculated that it will be more profitable to use electric motorbikes than fossil fuel motorbikes and cars,” he said.

NABILA NURSHAFIRA

Click here to get the latest news updates from Tempo on Google News

Related News

Indonesia Says Steady Economy Can Support EV Development in the Country

21 jam lalu

Indonesia Says Steady Economy Can Support EV Development in the Country

Indonesia's success in maintaining economic resilience has enabled the country so potentially to develop its electric vehicle (EV) industry.

Read More

Sri Mulyani: Rupiah Weakens, Still Better Than Baht and Ringgit

2 hari lalu

Sri Mulyani: Rupiah Weakens, Still Better Than Baht and Ringgit

Finance Minister Sri Mulyani Indrawati said the rupiah exchange rate depreciated by 2.89 percent year-to-date (ytd) in the first quarter of this year.

Read More

Finance Minister Sri Mulyani Discusses Middle East Impact Mitigation with VP Ma'ruf Amin

6 hari lalu

Finance Minister Sri Mulyani Discusses Middle East Impact Mitigation with VP Ma'ruf Amin

Sri Mulyani said that geopolitical tensions in the Middle East became the focus of world leaders, which will have a significant economic impact.

Read More

Sri Mulyani Talks of Impact of Middle East Conflict on Indonesia

9 hari lalu

Sri Mulyani Talks of Impact of Middle East Conflict on Indonesia

Finance Minister Sri Mulyani said that geopolitical tensions in the Middle East are on the rise and have drawn the attention of global leaders.

Read More

PLN to Add 2,000 Electric Vehicle Charging Stations

12 hari lalu

PLN to Add 2,000 Electric Vehicle Charging Stations

PLN has operated at least 1,299 units of Public Electric Vehicle Charging Stations (SPKLU) so far.

Read More

Sri Mulyani Urges Global Finance Ministers for Enhanced Role in Climate Change Initiatives

18 hari lalu

Sri Mulyani Urges Global Finance Ministers for Enhanced Role in Climate Change Initiatives

Sri Mulyani as urged global finance ministers to be more involved in developing climate strategies or NDCs

Read More

Sri Mulyani Holds Strategy Meeting to Anticipate Economic Impact of Iran's Strike on Israel

19 hari lalu

Sri Mulyani Holds Strategy Meeting to Anticipate Economic Impact of Iran's Strike on Israel

Conflicts between countries in the Middle East continue to escalate following Iran's strike on Israel on Saturday night, April 13, 2024.

Read More

Sri Mulyani Testifies Jokowi' Social Aid Comes from President's Operational Funds

30 hari lalu

Sri Mulyani Testifies Jokowi' Social Aid Comes from President's Operational Funds

Finance Minister Sri Mulyani testified at the hearing of the presidential election dispute case at the Constitutional Court in Jakarta, on Friday.

Read More

Finance Minister Sri Mulyani Testifies in Election Dispute Hearing at Constitutional Court

31 hari lalu

Finance Minister Sri Mulyani Testifies in Election Dispute Hearing at Constitutional Court

Finance Minister Sri Mulyani Indrawati guarantees that the preparation of the 2024 State Budget (APBN) was not affected by the 2024 general election.

Read More

Election Dispute Hearing; Ganjar-Mahfud's Team Optimistic Summoned Ministers will Deliver Facts

31 hari lalu

Election Dispute Hearing; Ganjar-Mahfud's Team Optimistic Summoned Ministers will Deliver Facts

On Monday, Chief Justice Suhartoyo confirmed that the Court would summon four ministers in the 2024 presidential election dispute hearing.

Read More