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Indonesia eyes mass production of home-grown EVs by 2028

Created at 13 Aug · 9:31 AM1 source↑ Market-relevant
IN SHORT

Indonesia aims to begin mass production of domestically developed electric vehicles by 2028, according to Investment Minister Bahlil Lahadalia. The government is seeking partnerships to achieve this goal.

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Who's Involved

Bahlil Lahadalia
Indonesia's Investment Minister
Indonesia eyes mass production of home-grown EVs by 2028

↳ Why This Matters

This move signals Indonesia's strategic intent to develop its domestic automotive industry and capitalize on the growing global demand for electric vehicles, potentially impacting regional supply chains and investment flows.

Key facts

  • Indonesia aims to commence mass production of domestically developed electric vehicles by 2028.
  • The government is actively seeking partnerships to realize this objective.

Indonesia is targeting 2028 for the commencement of mass production of electric vehicles developed within the country. Investment Minister Bahlil Lahadalia stated that the government is actively pursuing partnerships to achieve this ambitious goal. The initiative underscores Indonesia's ambition to become a significant player in the electric vehicle manufacturing sector.

Frequently asked questions

Indonesia aims to begin mass production of home-grown electric vehicles by 2028.

The government is seeking international partnerships to facilitate the development and production of these EVs.

What Happens Next

01Indonesia will continue to seek and establish partnerships for EV production.
02Further details on specific vehicle models and manufacturing plans are expected.

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Cadence

How It Developed

Indonesia plans to start mass production of its own EVs by 2028.
The government is seeking international partnerships for this initiative.

Sources

T1
Indonesia eyes mass production of home-grown EVs by 2028South China Morning Post

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