Unresolved
Toyota will confirm a new or expanded battery-electric vehicle assembly line in Indonesia worth at least $100 million by mid-2027.
Jakarta's new incentive scheme rewards only EVs with high local content and excludes hybrids, while Finance Minister Purbaya Yudhi Sadewa has publicly courted Toyota with incentive pledges, making a major localisation commitment the company's most likely move to secure the subsidies.
Jakarta's new incentive scheme rewards only EVs with high local content and excludes hybrids, while Finance Minister Purbaya Yudhi Sadewa has publicly courted Toyota with incentive pledges, making a major localisation commitment the company's most likely move to secure the subsidies.