Subsidized Electric Motorcycle Sales Soar After Govt Relaxes Requirements

Despite the surge in sales of subsidized two-wheeled EVs following the relaxation of eligibility requirements, the government still needs to explore other avenues to stimulate public interest.

Bisnis, JAKARTA — The Industry Ministry revealed that as of May 27, 2024, the quota for subsidized electric motorcycles had reached 30,083 units, or 60.1 percent of the 2024 sales target of 50,000 units. This purchase assistance program is expected to continue promoting the growth of Indonesia’s electric vehicle (EV) ecosystem.

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