Indonesia Plans USD 320 Million Incentives to Spur EV Sales in 2023

Indonesia Plans USD 320 Million Incentives to Spur EV Sales in 2023

Indonesia is considering spending USD 320 million in its 2023 budget to incentivize purchases of electric vehicles (EVs), as stated by Indonesia’s Industry Minister. According to the minister, purchasers of EVs manufactured in Indonesia may receive an IDR 80...
Indonesia Plans USD 320 Million Incentives to Spur EV Sales in 2023

Hyundai Signs Aluminum Supply Deal with Indonesia’s Adaro Minerals

In November 2022, Hyundai Motor Company signed a deal with PT Adaro Minerals Indonesia Tbk, to secure a stable supply of aluminum, a key material required for electric vehicle manufacturing. The collaboration marks Hyundai Motor’s commitment to accelerating the...
Indonesia’s Shrimp Exports to the US Reach USD 1.106 Billion

Indonesia’s Shrimp Exports to the US Reach USD 1.106 Billion

Indonesia exported 118 thousand tons of shrimp worth USD 1.106 billion to the US in the first nine months of 2022, as stated by the Maritime Affairs and Fisheries Ministry. According to Erwin Dwiyana, the Marketing Director at the Ministry’s Directorate General...