{
    "success": true,
    "data": {
        "id": 1726390,
        "msgid": "industry-minister-says-ev-incentives-will-not-differ-greatly-from-previous-ones-1778234020",
        "date": "2026-05-08 16:10:20",
        "title": "Industry Minister says EV incentives will not differ greatly from previous ones",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Regulation",
        "summary": "Indonesia's Minister of Industry, Agus Gumiwang Kartasasmita, has indicated that the upcoming incentive scheme for electric vehicles (EVs), covering both motorcycles and cars, will closely resemble previous models used to promote electric mobility. The Finance Minister, Purbaya Yudhi Sadewa, aims to implement these incentives starting in June 2026 to reduce fuel consumption and shift public consumption patterns towards electricity. The Institute for Development of Economics and Finance (Indef) views this as a long-term fiscal investment that accelerates energy transition, boosts national economic growth, strengthens fiscal resilience, and has already attracted significant foreign investment in the sector, reaching US$2.73 billion over the past three years.",
        "content": "<p>Badung, Bali (ANTARA) - Minister of Industry (Menperin) Agus Gumiwang\nKartasasmita stated that the model or scheme for electric vehicle (EV)\nincentives, for both motorcycles and cars, currently being prepared by\nthe government, will not differ greatly from those previously\nimplemented.<\/p>\n<p>\u201cThe model will roughly be the same. We are currently preparing it,\u201d\nhe said when met in Badung, Bali, on Friday.<\/p>\n<p>As Finance Minister (Menkeu) Purbaya Yudhi has indicated that\nincentives for vehicle electrification should target implementation in\nJune 2026, the Ministry of Industry is now preparing a Ministerial\nRegulation on Industry (Permenperin).<\/p>\n<p>\u201cThe model will roughly be almost the same. We are preparing it now,\u201d\nsaid Minister Agus.<\/p>\n<p>Previously, Finance Minister Purbaya Yudhi Sadewa targeted EV\nincentives for both electric motorcycles and electric cars to begin in\nJune 2026, thereby reducing petroleum fuel (BBM) consumption.<\/p>\n<p>\u201cWe will calculate and prepare the budget for it. Clearly, I want it\nto be implemented starting from early June,\u201d said Purbaya during a press\nconference of the Financial System Stability Committee (KSSK) in Jakarta\non Thursday (7\/5).<\/p>\n<p>Purbaya emphasised that the objective of the electric vehicle\nincentive policy is to change societal consumption patterns, from\npreviously using BBM to using electricity.<\/p>\n<p>Meanwhile, the Institute for Development of Economics and Finance\n(Indef) believes that the vehicle electrification incentive policy is a\nlong-term fiscal investment capable of becoming a driver of the national\neconomy.<\/p>\n<p>Indef assesses that the policy not only accelerates the energy\ntransition but also enhances economic growth and strengthens national\nfiscal resilience.<\/p>\n<p>Indef noted that previous government incentives successfully\nattracted global manufacturers to invest capital and build production\nbases domestically.<\/p>\n<p>Indef recorded that foreign investment in Indonesia\u2019s electric\nvehicle sector reached US$2.73 billion over the last three years.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/industry-minister-says-ev-incentives-will-not-differ-greatly-from-previous-ones-1778234020",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}