President Promises Low-Interest Loans and Zero Down Payment for Electric Motorcycles

President Prabowo Subianto has promised a low-interest credit scheme accompanied by assistance without a down payment (DP) to support the purchase of national electric motorcycles (MoLiNas) that are mass-produced by domestic businesses. At the launch event for MoLiNas in Cikarang, Bekasi Regency, West Java, on Thursday (13/8/2026), President Prabowo instructed Danantara to support the national electric motorcycle programme, one of which is by preparing a light credit scheme so that the public is motivated to buy these national electric motorcycles.

“Danantara, support with what you can support. Earlier, we discussed—the Finance Minister will not be too pleased, but in the end you will also be pleased. We will lower the instalment interest rate for the people. Then, we will try to do it without a down payment,” said President Prabowo.

The President continued that the expenditure that can be saved from using electric motorcycles reaches a minimum of 50 percent, even up to 70 percent when compared with fuel-powered motorcycles. “Later perhaps, because this is already a global necessity. So, there is something called a carbon tax in big cities like Beijing, petrol motorcycles cannot enter. So this is just a warning for those who are still stubborn, still infatuated with petrol motorcycles,” said the President.

Therefore, not only a light loan scheme, President Prabowo also promised to prepare a purchase mechanism with a trade-in system. “So, later we will think about how we can do a trade-in, you hand over your old motorcycle and get a new one, well, you add a little bit,” said Prabowo.