Indonesia EV Boom: $346M Investment Fuels
Indonesia's electric vehicle industry is experiencing remarkable growth, attracting over US$346 million (Rp 5.77 trillion) in investments across electric buses, passenger EVs, and two- and three-wheelers. This significant funding supports ambitious production capacities and the government's target to deploy 2 million electric cars and 12 million electric two-wheelers by 2030, solidifying the nation's commitment to sustainable transportation.