Key insights and market outlook
The Indonesian Electric Motorcycle Industry Association (Aismoli) has called for a review of the current subsidy mechanism for electric motorcycles, stating that it has not been effective in achieving its intended goals. Aismoli's Secretary General, Hanggoro Ananta, highlighted that the fiscal incentives need to be re-evaluated to ensure they reach the intended beneficiaries and significantly impact the development of the national electric vehicle ecosystem.
The Indonesian Electric Motorcycle Industry Association (Aismoli) has expressed concerns that the current subsidy mechanism for electric motorcycles is not effectively achieving its objectives. According to Hanggoro Ananta, Secretary General of Aismoli, the fiscal incentives provided by the government need to be reassessed to ensure they are targeted correctly and have a meaningful impact on the national electric vehicle ecosystem.
Hanggoro Ananta stated that during 2023-2024, the subsidy distribution was observed to be not reaching the intended beneficiaries. The association believes that a thorough review is necessary to identify the shortcomings in the current system and implement necessary adjustments. The primary goal is to create a more effective support mechanism that genuinely benefits the target recipients and stimulates the growth of the electric vehicle industry in Indonesia.
Aismoli's call for a review of the subsidy mechanism highlights the need for a more nuanced approach to supporting the electric vehicle sector. By refining the fiscal incentives and ensuring they are better targeted, the government can more effectively promote the adoption of electric motorcycles and contribute to the development of a sustainable transportation ecosystem in Indonesia.
Subsidy Mechanism Review Call
Electric Vehicle Incentive Re-evaluation