Infographic: Indonesia's electric cars are shifting gears, fast
Indonesia's car market is mid-revolution. Battery electric vehicles (BEVs) have surged from near zero to 15% market share in just five years, driven by falling
Indonesia's car market is mid-revolution. Battery electric vehicles (BEVs) have surged from near zero to 15% market share in just five years, driven by falling
Indonesia's car market is mid-revolution. Battery electric vehicles (BEVs) have surged from near zero to 15% market share in just five years, driven by falling prices, rising petrol costs, and a flood of affordable Chinese models. Petrol cars still dominate; but their grip is loosening fast. Plug-in hybrids (PHEVs) are emerging as the bridge for regions where charging infrastructure is still thin. A recent tax policy change briefly cooled demand, but analysts say the structural shift is irreversible: EVs are now simply cheaper to own.