Indonesia’s EV and Hybrid Market: Tax Incentives, Pricing, and Progressive Tax Rules
Electric vehicle (EV) owners in Indonesia do not pay progressive vehicle tax (Pajak Kendaraan Bermotor atau PKB) on their first battery-electric vehicle, even if it is the second or third car in their household. Under current Indonesian government regulations, EVs are granted a progressive tax exemption to incentivize the transition from internal combustion engines to … Read more