As Indonesia pushes EV dream, car shoppers stay cautious

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As Indonesia pushes EV dream, car shoppers stay cautious
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Indonesia's government used the Jakarta auto show to double down on plans to drive production and sales of electric vehicles in Southeast Asia's largest auto market, but buyers are not sold yet. The price premium on electric vehicles (EVs), questions about the availability of charging stations and doubts about new brands are reasons to hold back for now, said visitors to the auto show in Tangerang, on the outskirts of Jakarta.

By Johan Purnomo and Stefanno Sulaiman

Dody Hartono, a visitor at the auto show who plans to buy his first EV by 2024, said he wants a better deal. The government has slashed the value-added tax on EVs to 1% from 11%, bringing the starting price of the cheapest Hyundai Ioniq 5 to under $45,000 from over $51,000 in Indonesia.There are only two EVs on offer near that range, Wuling's Air EV Lite and Seres Group's E1 at around $12,300. The cheapest gasoline-powered car in Indonesia, the Daihatsu Ayla, starts under $9,000.

Hendra Budi, 44, said price was not an issue for him but he wanted to have more confidence in the brands on offer.Toyota has said it has no plans yet to build an EV in Indonesia.

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