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Friday, 16 February 2024 16:34

President Joko Widodo opens IIMS 2024

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Indonesian President Joko Widodo says that electric vehicles are the future of automobiles in Indonesia, because Indonesia has nickel and other raw materials. He made the remark when opening the Indonesia International Motor Show (IIMS) 2024 in Jakarta, Thursday (15/2).

Although the government is yet to give more incentive for electric vehicles, the head of state said that the government had given some incentives to boost EV production in the country. This incentive includes reduction of added-value tax. With this, President Joko Widodo expects the Indonesian EV industry to compete with other countries, especially when Indonesia has the potential and strength to develop EV batteries.

Further, the president remarked that the incentive is given to all EV producers, including the electric public transportation. All are encouraged to do the production in Indonesia. The president also wished for all branded EV to be produced in Indonesia, because as stated before, Indonesia has the power in EV batteries.

On a related note, the Indonesia International Motor Show 2024 is held from 15 until 25 of February, 2024. This year's theme was "IIMS Infinite Live", with various world automobile brands.

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