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Indonesia’s electric motorcycle market hits a speed bump following subsidy rollback
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Indonesia’s electric motorcycle market hits a speed bump following subsidy rollback
Electric motorcycle sales plunge 50% in the first half of 2025 following subsidy rollbacks this year [JAKARTA] Indonesia’s electric motorcycle market faces headwinds from sluggish consumer spending and uncertainty over government incentives, raising concerns among industry players about the pace of adoption in South-east Asia’s largest vehicle market. Slowing demand has dealt a heavy blow [...]
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