JAKARTA, March 6 (Xinhua) — The Indonesian government will provide incentives for purchasing electric vehicles (EVs) starting March 20, Coordinating Minister for Maritime and Investment Affairs Luhut Binsar Pandjaitan said on Monday.
“We hope that this policy can stimulate the market for EVs, boost the use of clean energy and decrease reliance on fossil fuels,” said Pandjaitan in a press conference.
Pandjaitan stressed his optimism for this program due to the nation’s population dominated by young people, and its rich reserves of nickel, the metal widely used in producing electric batteries.
Industry Minister Agus Gumiwang Kartasasmita stated at the same press conference that the state targets to provide incentives for sales of 200,000 electric motorcycles and 35,900 electric cars by the end of this year, as well as conversions of 50,000 motorcycles from using conventional fossil fuel to electric power.
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