A 10-percent VAT incentive would be provided for electric cars and buses with a domestic component level (TKDN) of above 40 percent.

The South Korean carmaker will build an electric vehicle hub in Indonesia following its investment worth $1.55 billion in Indonesia.

Jokowi calls for automotive industry players to speed up the development of electric vehicles as one of the mainstay sectors in Indonesia.

Indonesian Transportation Minister Budi Karya Sumadi endorses the use of electric cars, starting with the ministry's officials