https://www.scmp.com/rss/510239/feed Dedi Dinarto is an associate at public policy advisory firm Global Counsel. He observes political and regulatory changes in Asia with a special emphasis on Indonesia, drawing implications for global corporates and investors. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Indonesia’s subsidy programme to boost sales of electric vehicles (EVs) is likely to play a key role in accelerating the country’s adoption of such technology and its bid to attract investment from battery and car manufacturers. The programme, which came into effect on March 20 and will last until December 2024, aims to encourage Indonesians to buy EVs made with at least 40 per cent domestic components. Every purchase of an eligible scooter qualifies for a 7 million rupiah (US$460) subsidy,... https://www.scmp.com/week-asia/opinion/article/3214745/will-indonesias-new-subsidy-incentives-rev-adoption-electric-vehicles-attract-investment?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/3214745/will-indonesias-new-subsidy-incentives-rev-adoption-electric-vehicles-attract-investment?utm_source=rss_feed Sun, 26 Mar 2023 02:00:20 +0000 Indonesian President Joko Widodo, popularly known as Jokowi, on June 15 announced a cabinet reshuffle to bring in three top-brass elites from his coalition and a retired military general that he has worked with closely. They are the chairman of the National Mandate Party (PAN) Zulkifli Hasan, the secretary general of Indonesian Solidarity Party (PSI) Raja Juli Antoni, the secretary general of Crescent Star Party (PBB) Afriansyah Noor, and Jokowi’s former commander of the Indonesian Armed Forces... https://www.scmp.com/week-asia/opinion/article/3182981/can-jokowis-new-trade-minister-zulkifli-hasan-fix-indonesias?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/3182981/can-jokowis-new-trade-minister-zulkifli-hasan-fix-indonesias?utm_source=rss_feed Sun, 26 Jun 2022 00:00:27 +0000 The market for electric vehicles (EVs) is projected to explode over the next 10 years as they become an increasingly important technology for the global clean-energy transition. By 2030, roughly 26 million EVs are expected to be sold worldwide, compared with 1.7 million last year. Even major companies such as Ford and General Motors plan to go fully electric by 2035. With lithium-ion batteries constituting about 40 per cent of EV manufacturing costs, they will be an increasingly important... https://www.scmp.com/week-asia/opinion/article/3139996/how-indonesias-ev-plans-will-shape-its-relations-us-and-china?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/3139996/how-indonesias-ev-plans-will-shape-its-relations-us-and-china?utm_source=rss_feed Wed, 07 Jul 2021 03:00:15 +0000