VAT Hike Makes Electric Cars More Appealing

Bisnis, JAKARTA - This year, the tradition of annual increases in motor vehicle taxes feels different. In addition to the usual tax hikes, the value added tax (VAT) has also been raised to 12%. As a result, electric cars are becoming more attractive to consumers.

The increase in additional taxes (opsen), which are typically imposed by local governments, is contributing to adjustments in car prices.