REPUBLIKA.CO.ID, JAKARTA -- Secretary General of the Ministry of Energy and Mineral Resources (ESDM) Dadan Kusdiana said Indonesia prepared a fund of 455 million U.S. dollars to subsidize the sale of electric motorcycles.

“The subsidy covers the sale of 800,000 new electric motorcycles and the conversion of 200,000 combustion engined motorcycles,” he said at the IEA's 9th Global Conference On Energy Efficiency (GCEE) in Nairobi, Kenya, quoted from an official statement in Jakarta on Thursday (23/5/2024).

He said there was a price gap between electric vehicles and conventional vehicles. To close the price disparity, the Indonesian government provides tax incentives and subsidies for electric cars, hybrid cars, and electric motorcycles.

On the occasion, Dadan said that the Indonesian government targets 2 million units of electric cars and 13 million units of two-wheeled electric vehicles on the road by 2030 to pave the roads.