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flag Indonesia offers tax incentives to attract EV makers, aiming to become a key production hub in Southeast Asia.

flag Indonesia is offering tax incentives to attract electric vehicle (EV) manufacturers like Citroen, BYD, and AION. flag The government aims to make Indonesia a key EV production hub in Southeast Asia. flag Starting in 2025, the companies will benefit from zero import duties, a 15% tax incentive, and additional benefits for vehicles meeting local content requirements. flag These incentives are part of broader fiscal measures to boost consumer spending and support the manufacturing sector amid economic challenges. flag Indonesia's goal is to produce 600,000 EVs by 2030, a significant increase from current levels.

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