JakartaGlobe-March 17, 202

Indonesia needs to tackle several roadblocks to further boost the adoption of electric vehicles, or EVs, according to the top brass at Vektr Mobiliti Indonesia, a subsidiary of the business group Bakrie & Brothers. Indonesia has set a goal to reach net-zero emission by 2060 or sooner. The transport sector emits 26 percent of Indonesia’s carbon dioxide emissions, making it necessary for the Southeast Asian country to drive the EV uptake. According to Vektr chief executive officer Gilarsi W. Setijono, the initial investment of the emission-free vehicle, which can be quite high, is a barrier to widespread EV adoption. “The initial investment for EV is not cheap. It is generally almost twice the capex [capital expenditure] of the combustion [engine vehicles]. But then again, the EV has greater longevity. So if we talk about the total cost of ownership, it will pay back somewhat during the EV’s lifecycle,” Gilarsi said at a virtual conference on Wednesday. Another roadblock is the charging infrastructure. The more EVs are on the roads, the higher the need for charging stations. Gilarsi suggested the government could oblige commercial buildings to allocate a certain percentage of their lands for charging stations. Read more at: https://jakartaglobe.id/business/roadblocks-to-indonesias-ev-adoption