Indonesian Political, Business & Finance News

Electric Buses and Trucks Could Cut Fuel Subsidies by Rp 84 Trillion

| | Source: KOMPAS Translated from Indonesian | Energy
Electric Buses and Trucks Could Cut Fuel Subsidies by Rp 84 Trillion
Image: KOMPAS

JAKARTA – Efforts to promote vehicle electrification in Indonesia will not only impact the environment but also hold significant potential to save state expenditure.

This was stated by Anindya Novian Bakrie, Chairman of PT VKTR Teknologi Mobilitas Tbk, who emphasised the major efficiency gains from using electric buses and trucks.

According to him, commercial vehicles such as buses and trucks play a strategic role in building the national electric vehicle ecosystem.

“We chose electric buses and trucks because they can serve as a pillar for the growth of the electric industry ecosystem,” said Anindya, during a live broadcast on the Presidential Secretariat’s YouTube channel on Thursday (9/4/2026).

“Indeed, they are not as exciting as motorcycles or cars, but they can drive a large ecosystem. The fuel subsidy savings from electrifying buses and trucks could reach $5 billion per year, Mr President,” he added.

With reduced consumption of fossil fuels in the heavy transport sector, the government’s subsidy burden can be gradually alleviated.

Not only that, Anindya also highlighted the importance of a comprehensive approach in developing the electric vehicle ecosystem.

“We are also very pleased with the government’s efforts to achieve full green mobility; not just electric vehicles but also from the charging station side. We see that in the future, everything can support the government’s programme to achieve 100 GW,” he said.

In his view, transport electrification is an important part of the broader strategy towards national energy independence.

“Mr President always teaches us that the history of development often turns crises into opportunities for major leaps,” said Anindya.

“Therefore, Vektor, which in physics means scale and direction, we believe the scale is large—Indonesia with its natural resources and people—and the direction is towards independence. So this is the momentum, Mr President,” he stated.

By focusing on commercial vehicles such as electric buses and trucks, this step is believed to accelerate the formation of a strong electric vehicle ecosystem while reducing dependence on fossil energy.

View JSON | Print