Indonesia, which wants to attract more investment from major auto and battery manufacturers, has taken a step in this direction and announced that it has decided to implement a subsidy program that will be effective from March 20 to increase domestic electric vehicle (EV) sales. Indonesia, which aims to develop its domestic EV production facilities and has abundant nickel resources, aims to be one of the first three countries to produce electric vehicle batteries by 2027.
Indonesia wants to increase sales of electric vehicles
Indonesia announced that it has decided to implement a subsidy program, effective from March 20, to increase domestic electric vehicle (EV) sales.
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