Indonesia plans to produce 600,000 electric cars by 2030
Indonesia is seeking ways to become an electric vehicle (EV) production hub in the region, aiming to reach an output of 600,000 electric cars and 2.5 million electric motorcycles by 2030.
President Joko Widodo writes his signature on the hood of a Kona electric car during his visit to Hyundai car factory in Ulsan, the Republic of Korea, on November 26, 2019 - Illustrative image (Source: Jakartaglobe.id)
Jakarta (VNA) – Indonesia is seeking ways to become an electric vehicle(EV) production hub in the region, aiming to reach an output of 600,000 electric cars and 2.5million electric motorcycles by 2030.
The country is also preparing an ambitious plan to become akey player in the global supply chain of lithium-ion battery in line with theEV industry.
Industry Minister Agus Gumiwang Kartasasmita said that batteryis the most valuable component inside an EV, and it accounts for 35 percent ofproduction costs.
Indonesia’s key advantage in the EV industry is nickel-basedlithium-ion battery because it has the world’s biggest nickel reserves, headded.
The Indonesian Government has issued the so-called EVRoadmap detailing various incentives to attract more investment in this rapidlygrowing industry. According to the roadmap, EV sales are exempt from luxury taxand import duties, while consumers also enjoy low-interest installments.
In addition, EV owners are entitled to upgraded homeelectricity capacity with discounted fees, Agus said./.
Indonesia’s Ministry of Finance is planning to give tax exemption for 10 years to new investors in the electric vehicle (EV) sector, according to a government official.
State-owned Indonesia Battery Corporation (IBC) and LG Corporation of the Republic of Korea will cooperate in building a new battery plant worth 1.2 billion USD with the capacity of 10 GWh in the Southeast Asian country.
Indonesia should become the world's largest battery producer, with the government's plan to develop an electric vehicle environment in the country, said Investment Minister Bahlil Lahadalia, who is also head of the Coordinating Board of Investment (BKPM).
The Ministry of Trade and Industry (MoIT) has said it is cooperating with the Ministry of Finance to consider the provision of tax incentives to encourage the development and use of electric vehicles in Vietnam.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
President Joko Widodo writes his signature on the hood of a Kona electric car during his visit to Hyundai car factory in Ulsan, the Republic of Korea, on November 26, 2019 - Illustrative image (Source: Jakartaglobe.id) 
