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Indonesia considers $320 million in incentives to spice up EV gross sales in 2023

Indonesia considers $320 million in incentives to boost EV sales in 2023 Final week, Business Minister Agus Gumiwang Kartasasmita mentioned consumers might get a reduction of 80 million rupiah for EVs made by companies with factories within the nation, in addition to different incentives for hybrid vehicles and electrical bikes. The federal government plans to supply subsidies to sellers to cowl the prices.