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Iran war: Indonesia eyes solar-powered EV shift to hedge oil price volatility

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President Prabowo Subianto has instructed a nationwide push to electrify all modes of transportation. (Photo: Prabowo Subianto's Facebook)

Volatile global oil prices triggered by Middle East tensions have reignited discussions in Indonesia over electrifying its transport sector. President Prabowo Subianto said on March 19 that the country would move toward solar-powered electric mobility while developing a domestic EV brand.

The government is also considering reviving its motorcycle electrification program, which would involve converting existing internal-combustion motorcycles to electric models. However, experts warn that unless high conversion costs and bureaucratic hurdles are addressed, incentivizing the purchase of new electric motorcycles may prove more effective.

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