Indonesia EV Profile: New Incentives To Drive Rising EV Adoption
Autos / Indonesia / Mon 11 Mar, 2024
Key View: We forecast Indonesia's total EV sales to rise by 37.9% in 2024 with sales expected to reach around 23,600 units, on the back of recently released incentives to boost the purchase of EVs, both locally manufactured and imported. We believe this will lead to carmakers, specifically those from Mainland China, increasingly entering the