Indonesia Grants Tax Incentives to Boost Electric Vehicle Manufacturing

In a bid to attract increased investment in the electric vehicle (EV) sector, Indonesia has announced new regulations offering tax incentives to automakers planning to establish EV plants. The presidential regulation, signed on December 8 and disclosed this week, extends tax benefits to companies already invested in EV manufacturing, those planning to enhance their EV … Continue reading Indonesia Grants Tax Incentives to Boost Electric Vehicle Manufacturing