JAKARTA - The Indonesian government has not announced further about the fate of the electric motorcycle incentives after ending at the end of December 2024.

This is because the regulation is still in the process stage so that electric motorcycle buyers have to wait for this regulation.

As previously reported by VOI, Deputy Minister of Industry (Wamenperin) Faisol Riza revealed, the provision of subsidies of Rp. 7 million per unit for electric motorcycles is still in process this year.

Nevertheless, the General Chairperson of the Indonesian Electric Vehicle Industry Association (Periklindo), Moeldoko urged the government to provide a fiscal policy that is quite aggressive in order to increase people's purchasing power to buy electric motors.

"Once the subsidy is still a question mark, people will stop buying electric motorbikes while waiting for regulations," said Moeldoko in his explanation to the media at JIExpo Kemayoran, Jakarta, Tuesday, April 29.

In addition, he explained that the fiscal policy implemented could increase people's purchasing power that affects markets in the country.

"Fiscal policy provides stimulation in the electric motorcycle industry, so there is enthusiasm. If there is no incentive, then there is no enthusiasm," added Moeldoko.

Moeldoko also said that the implementation of aggressive policies such as providing incentives could lure foreign investors to invest in Indonesia.

"There needs to be a fiscal policy, which is useful in providing confidence to foreign investors," concluded Moeldoko.


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