Sri Mulyani Says Subsidy for Electric Vehicles under Discussion

2 December 2022 09:29 WIB

TEMPO.CO, JakartaThe 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



Energy Ministry Holds Electric Motorbike Conversion Training for Jakartans

1 hari lalu

Energy Ministry Holds Electric Motorbike Conversion Training for Jakartans

Energy and Mineral Resources (ESDM) Ministry has organized technical training on converting fossil based-motorbikes into electric motorbikes


Sri Mulyani Targets to Build NLE at 14 Ports Across Indonesia

1 hari lalu

Sri Mulyani Targets to Build NLE at 14 Ports Across Indonesia

Sri Mulyani explains that NLE is stipulated in Presidential Decree No.5/2020 to simplify business bureaucracy in Indonesia.


Finance Minister: Electric Vehicle Ownership Incentive is being Finalized

2 hari lalu

Finance Minister: Electric Vehicle Ownership Incentive is being Finalized

Discussions regarding incentives for electric vehicle ownership at the government level are being finalized, Minister Sri Mulyani said.


Luhut Says Rules on Incentives for Electric Vehicle Purchase to Be Issued in February

3 hari lalu

Luhut Says Rules on Incentives for Electric Vehicle Purchase to Be Issued in February

Regulations on incentives for the purchase of electric vehicles or EVs will be issued in early February 2023, said Coordinating Minister Luhut.


Electric Vehicle Purchase Incentive Being Finalized, Says Minister

4 hari lalu

Electric Vehicle Purchase Incentive Being Finalized, Says Minister

The incentive program for electric vehicles has been discussed by President Jokowi but is currently still being finalized.


Incentives for Electric Vehicles Should Be for Areas with Poor Access to Fuel, Says MTI

6 hari lalu

Incentives for Electric Vehicles Should Be for Areas with Poor Access to Fuel, Says MTI

The Indonesian Transportation Society (MTI) responded to the Industry Ministry's plan to provide incentives for the purchase of electric vehicles.


PLN Opens 7 Charging Stations in West Nusa Tenggara to Develop Electric Vehicle Ecosystem

8 hari lalu

PLN Opens 7 Charging Stations in West Nusa Tenggara to Develop Electric Vehicle Ecosystem

State-run electricity provider PLN electric vehicle (EV) charging stations (SPKLUs) in West Nusa Tenggara (NTB) province


Govt Allocates Rp21 Trillion for 2024 General Elections

10 hari lalu

Govt Allocates Rp21 Trillion for 2024 General Elections

Minister Sri Multani says the government will shell out Rp21.86 trillion from the State Budget for the 2024 general elections.


Sri Mulyani Honored on Forbes '50 Over 50: Asia 2023' List

12 hari lalu

Sri Mulyani Honored on Forbes '50 Over 50: Asia 2023' List

Indonesia's Finance Minister Sri Mulyani Indrawati is among the women honored on the Forbes '50 Over 50: Asia 2023' List


Luhut Optimistic Indonesia to Be Third-largest EV Battery Producer by 2027

13 hari lalu

Luhut Optimistic Indonesia to Be Third-largest EV Battery Producer by 2027

Coordinating Minister Luhut shares optimism that Indonesia will become one of the top three producers of EV battery in the world by 2027.