KSP Invites Banks To Break The Assumption Of Expensive Electric Cars

JAKARTA - Presidential Chief of Staff Moeldoko welcomed the banking commitment in realizing a more environmentally friendly economy and finance.

One of them is by encouraging the growth of the electric vehicle industry in Indonesia.

Moeldoko emphasized that banks and corporations as big players in the financial sector play an important role in the development of the electric vehicle ecosystem.

Both, he said, must have the same awareness and synergize to finance the electric vehicle industry and consumers in Indonesia.

"Currently, there is an assumption that electric cars are expensive. For this reason, it takes the commitment of banks and corporations to support financing for the industry and consumers of electric vehicles," said Moeldoko in a written statement, Friday, July 15.

Moeldoko, who is also the chairman of the Indonesian Electric Vehicle Industry Association (Periklindo), admitted that the development of the electric vehicle ecosystem in Indonesia still faces a number of challenges.

These challenges include the emergence of a dilemma in determining what things need to be developed first. Namely, between the acceleration of the production of electric vehicles or the availability of supporting facilities. Like a battery charging station.

"If the vehicle is built massively but there is no charging station, this is a problem. The charging station is built but the growth of electric cars has not grown well, that's also a problem, no one wants to invest," he explained.

"This is like deciding which is the chicken or the egg first. So everyone is waiting for each other," continued Moeldoko.

To solve this problem, according to Moeldoko, there needs to be intervention from the government, namely by transitioning and converting the use of conventional vehicles to electric vehicles.

"This has started to be tested at the Ministry of Transportation. Later the same thing will be done in other ministries/agencies," he concluded.