Indonesia rolls out more tax incentives to drive up EV sales

Indonesia rolls out more tax incentives to drive up EV sales

FILE PHOTO: Visitors inspect China's BYD electric vehicles during its launch ceremony in Jakarta, Indonesia, January 18, 2024. REUTERS/Willy Kurniawan/File Photo

Indonesia has announced new incentives to encourage sales of locally produced and imported electric vehicles (EVs), in its latest bid to boost take-up of environment-friendlier cars as well as attract investment to its domestic EV industry.