Login | Join Member | Subscription | Corporate Partnership

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

EN
Add to Favorites

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.

To continue reading, subscribe to RECCESSARY
• Unlimited access to all articles across the site
• In-depth analysis of Asia-Pacific renewable energy and carbon markets
• Latest green electricity and carbon price data
• Members-only sustainability policy newsletter
Join 500,000+ green professionals worldwide
Related Topics
Back

More Related News

TOP
Download request

Please fill out the form to download samples.

Name
Company
Job title
Company email
By using this site, you agree with our use of cookies.