Thursday, October 9, 2025
No Result
View All Result
Indonesia Sentinel
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science
No Result
View All Result
Indonesia Sentinel
No Result
View All Result
ADVERTISEMENT
Home News

Sri Mulyani: Electric Vehicle Subsidy to Accelerate Economic Transformation

by Becky
2023-05-30
in News, Tech & Science
A A
electric motorcycle at the Battery-Based Electric Vehicle

An electric motorcycle at the Battery-Based Electric Vehicle Exhibition in the G20 Summit series at Bali Collection, Nusa Dua, Bali, Saturday (12/11/2022). The exhibition was attended by 28 automotive manufacturers. Media Center G20 Indonesia / Risyal Hidayat / nym.

Share on FacebookShare on TwitterShare on Whatsapp
ADVERTISEMENT

Jakarta – Minister of Finance Sri Mulyani Indrawati has responded to the views of members of the House of Representatives regarding the government’s policy of providing subsidies for electric vehicles, which is considered a waste of budget.

Sri Mulyani said that the support for Battery-Based Electric Motor Vehicles is an effort to encourage the acceleration of economic transformation.

“The Battery-Based Electric Motor Vehicles is an effort to accelerate economic transformation for the creation of high added value, expansion of employment opportunities, and the use of environmentally friendly energy so as to reduce emissions, as well as the efficiency of energy subsidies,” Sri Mulyani said at the House of Representatives Plenary Meeting on Tuesday (30/5/2023).

RelatedPosts

Yogyakarta Enforce Smoking Penalties in Malioboro Starting 2025, Fines Up to Rp7.5 Million!

Jakarta Invests $260,000 in Weather Modification to Mitigate Heavy Rainfall

In addition, the Minister said, support for the development of the Battery-Based Electric Motor Vehicles industry ecosystem is also carried out in many countries such as the United States, Europe, China, and several Southeast Asian countries such as Vietnam, Thailand, and Malaysia. Motor vehicle manufacturers in many countries have also committed to switch to producing 100 percent electric cars in 2035-2040.

ADVERTISEMENT

“In connection with this, the Government introduced a series of incentives directed at both the supply and demand sides to stimulate investment and the use of electric vehicles by the public at large,” the Minister explained.

The Minister emphasized that support for the development of Battery-Based Electric Motor Vehicles is also carried out by developed countries and neighboring countries in Asia.

Seeing that more and more countries are improving the electric vehicle industry, Sri Mulyani emphasized that Indonesia should not just be a spectator. What’s more, Indonesia has a lot of raw material capital for electric vehicles.

“Indonesia cannot be a spectator! What’s more, Indonesia is a mineral producer that determines the world,” she said.

Previously, members of the House of Representatives considered that there are still many urgent things that must be resolved by the government compared to providing incentives, such as economic stabilization to poverty alleviation, compared to subsidizing electric vehicles that can only be enjoyed by a handful of upper-class consumers.

Tags: Battery-Based Electric Motor VehiclesSri Mulyani Indrawati
ADVERTISEMENT

Related Posts

ChatGPT Spotify

Open AI Released New Feature, ChatGPT Can Now Create Spotify Playlists and Canva Designs

2025-10-07

Jakarta, Indonesia Sentinel -- OpenAI has announced that its artificial intelligence chatbot, ChatGPT, can now connect directly to a range...

Mandalika MotoGP

Mandalika MotoGP 2025 Draws Record 142,000 Spectators, Boosts Local and National Economy

2025-10-06

Jakarta, Indonesia Sentinel -- The 2025 Mandalika MotoGP delivered a spectacular show, drawing a record-breaking crowd of 142,000 spectators and...

Freeport Landslide

Five Freeport Landslide Victims Found After Nearly a Month-Long Search

2025-10-06

Jakarta, Indonesia Sentinel -- Five workers trapped underground following a landslide at PT Freeport Indonesia’s Grasberg Block Cave have been...

Cikande Radioactive

Health Ministry Confirms Nine People Exposed to Radioactive Cs-137 in Cikande Contaminations Incident

2025-10-05

Jakarta, Indonesia Sentinel -- Indonesia’s Health Ministry confirmed that nine people tested positive for exposure to radioactive cesium-137 (Cs-137) following...

Freeport Landslide

Search for 5 Missing Freeport Workers Continues, Team Expected to Reach the Victim Locations in 4-5 Days

2025-10-05

Jakarta, Indonesia Sentinel -- Rescue efforts are still underway to locate five workers trapped at underground mine at PT Freeport...

Cikande Radioactive Contamination

Indonesia Declares Cikande District a Radiation-Affected Area After Cesium-137 Radioactive Contamination

2025-10-05

BANDUNG, TEROPONGMEDIA.ID -- Indonesia on Tuesday (Septermber 30) declared Cikande, district in Serang regency, Banten province as a radiation-exposed zone...

JNE Bandung

JNE Named Official Logistics Partner for Bandung Design Biennale 2025

2025-10-04

Bandung, Indonesia Sentinel -- JNE has been appointed as the official logistics partner for the 2025 Bandung Design Biennale (BDB),...

Waste to Energy

Indonesia Launch Waste to Energi Project, Build 33 Facilities Across the Country to Tackle Mounting Trash

2025-10-02

Jakarta, Indonesia Sentinel -- Danantara Indonesia will launch its first waste-to-energy project by the end of October 2025. The launch...

Villages Internet Access

Komdigi Minsters Warns 2,300 Villages in Indonesia Still Lack Internet Access

2025-10-02

Jakarta, Indonesia Sentinel -- Indonesia’s Minister of Communication and Digital Affairs (Komdigi) Meutya Hafid said thousands of villages across the...

self-sufficiency program

Indonesia Sets Aside 481,000 Hectares in South Papua for Food and Energy Self-Sufficiency Program

2025-09-30

Jakarta, Indonesia Sentinel -- The Indonesian government has allocated 481,000 hectares of forest land in South Papua province to support...

Load More
Next Post
the Indonesian Chamber of Commerce and Industry

Arsjad Rasjid: Indonesia's Electric Motor Industry Can Grow

Popular

  • yandex

    How to Watch Viral Video on Yandex: What You Need to Know

    0 shares
    Share 0 Tweet 0
  • Seven Workers Remain Trapped in Freeport Underground Mine After Hit by Landslide

    0 shares
    Share 0 Tweet 0
  • The Joyoboyo Prophecy: Historical Roots and Modern Resonance in Indonesian Society

    0 shares
    Share 0 Tweet 0
  • 15 Indonesian Provinces Lead in Sex Worker Locations, West Java Ranks First!

    0 shares
    Share 0 Tweet 0
  • One Piece Pirate Flag Rises Across Indonesia Ahead the Independence Day

    0 shares
    Share 0 Tweet 0

Recommended

sritex workers

Sritex Workers Face Uncertainty Amid Mounting Debt Crisis

10 months ago
indonesia military law

Indonesian Lawmakers Hold Controversial Closed-Door Military Law Talks at Luxury Hotel

7 months ago
ADVERTISEMENT

Indonesiasentinel.com is an independent online news portal committed to providing accurate, in-depth, and up-to-date news about Indonesia. Since 2021, we have been a trusted source for millions of readers seeking relevant and reliable news.

Part of:

Information Page

  • About
  • Editorial
  • Privacy Policy
  • Disclaimer
  • About
  • Editorial
  • Privacy Policy
  • Disclaimer

Contact

  • contact@indonesiasentinel.com
© 2021 Indonesia Sentinel

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
  • World
  • Economic
  • Culture
  • Tech & Science

© 2024 Indonesia Sentinel