Key facts
- Indonesia aims for mass production of home-grown EVs by 2028.
- Investment Minister Bahlil Lahadalia announced the target.
- The government is seeking partnerships to achieve this goal.
Indonesia has set a goal to commence mass production of domestically developed electric vehicles by the year 2028. Investment Minister Bahlil Lahadalia stated that the government is actively seeking partnerships to facilitate this objective. The initiative underscores Indonesia's commitment to developing its own capabilities in the electric vehicle industry. By fostering local development and production, the nation aims to reduce reliance on foreign manufacturers and establish a stronger presence in the growing global EV market. The government's strategy involves encouraging collaboration between domestic entities and potential international partners to accelerate technological advancement and manufacturing capacity. This push towards homegrown EVs is part of a broader economic strategy to boost industrial output and create new employment opportunities within the country.