Minister Rosan Roeslani also said VinFast's factory in West Java province would start operations next year, with a production capacity of 50,000 units a year. The company broke ground on the $200 million EV assembly plant last year.
Indonesia has ambitions to become an EV manufacturing hub, trying to leverage on its rich nickel reserves, used for the manufacturing of EV batteries. The government has also been offering a range of incentives to carmakers.
Car sales in February rose 2.2% year-on-year, the first increase since June 2023 and driven mostly by EV sales.
“(VinFast) has selected the charging station points. For us, with EV infrastructure, adoption of electric cars can rise,“ Rosan said.
Prabowo's meeting with VinFast came a day after the Indonesian president held a bilateral meeting with Vietnamese Communist Party chief To Lam, during which both countries agreed to increase their economic cooperation.
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