H. Yoo
Research expert covering South Korea
Electric vehicle market in Indonesia - statistics & facts
In Indonesia, more drivers have been opting for electric vehicles (EVs) over the years. The country has one of the world’s largest two-wheeler markets, with millions of motorbikes sold annually, reflecting its substantial domestic market. Indonesia also has the world’s largest nickel reserves, which is a critical material for EV batteries. This positions Indonesia as a potentially significant player in the Southeast Asian EV supply chain. Furthermore, the government has set ambitious targets for 2030, aiming for two million electric cars and 13 million electric two-wheelers to reduce emissions.
