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Indonesia: Government provided fiscal incentives for the importation of and changed the local content requirements for the manufacturing of electric vehicles

Description

On 8 December 2023, the government of Indonesia issued Presidential Regulation No.79/2023, increasing local content requirements from 60% to 80% for two- and three-wheel electric vehicle manufacturer...

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Intervention Details

Intervention Type

Local content requirement

MAST Chapter

I: Trade-related investment measures

Implementation date

01 Jan 2030

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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