ONE STEP FORWARD FOR BATTERY-POWERED ELECTRIC VEHICLES IN INDONESIA
On 8 August 2019, Indonesia’s President signed the country’s first regulation on electric vehicles – Presidential Regulation No. 55 of 2019 on the Acceleration Program for Battery-powered Electric Vehicles for Road Transportation (“PR 55/2019”).
PR 55/2019 reflects the government’s twin ambitions of (i) attracting more investment into the country (in particular to develop the electric vehicle sector) and (ii) becoming a major producer of lithium batteries. This regulation also supports the drive to improve energy efficiency and reduce pollution and gas emissions. However, the new regulation does not touch on autonomous ... Read more