Indonesia's government used the Jakarta auto show to double down on plans to drive production and sales of electric vehicles in Southeast Asia's largest auto market, but buyers are not sold yet.
Hendra Budi, 44, said price was not an issue for him but he wanted to have more confidence in the brands on offer.Toyota has said it has no plans yet to build an EV in Indonesia.
Indonesia's industry ministry announced at the auto show, which concluded on Sunday, that it would offer automakers two more years to qualify for production incentives. The announcement was followed by investment commitments from China's Neta EV brand and Japan's Mitsubishi MotorsIndonesia has set a target of producing some 600,000 EVs by 2030. That would be more than 100 times the number sold in Indonesia in the first half of 2023.
Indonesia's chief economic minister said he hoped the Jakarta auto show would drive sales of more than 26,000 vehicles, the number sold at the auto show last year.Reporting by Johan Purnomo; Writing by Stefanno Sulaiman; Editing by Kevin Krolicki and Himani Sarkar
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