Moeldoko criticises inconsistent EV incentive policy

JAKARTA, KOMPAS.com - Periklindo’s General Chairman Moeldoko criticised Indonesia’s electric vehicle incentive policy, which he deemed inconsistent. He said frequent changes to policy slow the electric vehicle market, as industry players and consumers choose to wait for certainty. The remarks were made at the launch of the Periklindo Electric Vehicle Show (PEVS) 2026 in Jakarta. He noted that incentive uncertainty makes dealers struggle to sell electric vehicles because consumers are still awaiting clarity on the government’s latest regulations. ‘Dealers are now waiting because stock is not selling. Buyers are also waiting for when government subsidies will apply,’ he said. According to Moeldoko, EV policy should not be announced abruptly because the industry needs time to adjust business strategies and product distribution. ‘This policy should not be sudden, as it relates to the readiness of the industrial sector,’ he added. Nevertheless, Moeldoko appreciated the government’s move to subsidise electric vehicles, including electric motorcycles and the electric-vehicle conversion programme. ‘The government currently provides subsidies to motorcycle users, to converters, and also to car users,’ he said. Moeldoko argued that electric vehicles bring positive impacts not only to users but also to the country. One is through reducing consumption of subsidised fossil fuels. ‘If you use electric vehicles, there are three contributions at once: personal wallet efficiency, a cleaner environment, and a reduction in the state’s subsidy burden,’ he said. Moreover, he believes that EV use could create a healthier environment as vehicle emissions can be reduced. ‘A cleaner environment translates into better health for our children and grandchildren. This is a legacy we leave behind,’ he said.