Indonesia Battery Corp looks to vroom ahead in electric scooter sales on incentive plan

Indonesia Battery Corp looks to vroom ahead in electric scooter sales on incentive plan

Chief Executive Officer of Indonesia Battery Corporation Toto Nugroho interviews at his office in Jakarta, Indonesia, February 24, 2023. REUTERS/Ajeng Dinar Ulfiana

State battery company Indonesia Battery Corporation (IBC) is targeting a local market share of up to 30% for electric motorbikes, its chief executive said on Friday, as the government tries to jumpstart the adoption of electric vehicles.