Wuling awaits certainty on EV incentives from each regional government

Jakarta (ANTARA) - PT Wuling Motors (Wuling) is awaiting concrete policy decisions from regional governments (pemda) regarding changes to the electric vehicle (EV) incentive scheme, which has now been decentralised to local authorities. Uncertainty at the regional level is seen as a key factor influencing the company’s steps in responding to the market. “Most regional governments also seem to support accelerating electrification. But we are waiting for decisions from each region,” said Marketing Director of PT Wuling Motors, Ricky Christian, in Jakarta on Wednesday (22/4). Information regarding tariff changes has been received and serves as the basis for determining product prices, including the latest electric and PHEV model, Exion, which is already on sale with adjusted pricing. “It certainly affects the current price selection. We have received information on these tariff changes, and hopefully, the price we have chosen for (Wuling Exion) will be competitive in the market, and in the near future, there will be no need for further price changes,” he continued. The company emphasised that once decisions from regional governments are set, they will follow the applicable policies in accordance with prevailing regulations. “Once the decisions are in place, we will certainly follow them in accordance with the applicable regulations,” Ricky added. Based on those regulations, ownership of electric vehicles or their transfer still falls under the taxation scheme. This means electric cars remain subject to tax by law, but the amount of tax paid may not always be full and could even be zero rupiah, depending on regional policies. The amount of incentives is handed over to each regional government. Therefore, EV tax policies going forward will no longer be uniform and may differ between regions.