According to Antara News, Indonesia has invited Norway to invest in developing Indonesia’s electric vehicle (EV) battery industry, as the Indonesian government attempts to build an EV ecosystem in the country.
Norway leads the world in EV adoption, say Antara News, and since the 1990s, has been taking steps to accelerate the process of EV transition. It was one of the first countries to create tax incentives for EV purchases, which has resulted in over 80-percent of all new cars purchased being electric in 2022, according to McKinsey & Company’s data.
Indonesia’s Foreign Affairs Minister, Retno Marsudi met with Norwegian Foreign Affairs Minister Anniken Huitfeldt in Oslo, on Tuesday (June 12, 2023), to discuss forestry cooperation and energy transition and encourage Norwegian investment in the battery industry in Indonesia,” according to the Indonesian Foreign Affairs Ministry via Twitter.
She also paid a courtesy call to Prime Minister of Norway, Jonas Gahr Store, on Wednesday (June 13, 2023) on the sidelines of the Oslo Forum, which Indonesia was also invited to attend as well as holding a meeting with Minister of Climate and Environment of Norway, Espen Barth Eide.
Antara News say that Indonesia is committed to developing the downstream EV battery industry and building an electric vehicle ecosystem in the country. President Joko Widodo underscored the importance of industrial down-streaming in a bid to make Indonesia a developed country.
To expedite growth of the electric vehicle ecosystem, the government has issued an incentive policy by offering a purchase discount of IDR 7-million (around USD 469) per unit for 200,000 new electric motorbikes and 35,900 electric cars. The incentive has been offered since March 20, 2023.
Source: Antara News