Indonesia Issues Presidential Regulation on Electric Vehicles

(Bloomberg) -- President Joko Widodo issued regulation on electric vehicles, which has became effective on Aug. 12, according to document published on State Secretariat.
* Indonesia plans to bring down price gap between electrified vehicles and internal combustion engine to 10%-15% from 40% currently, Industry Minister Airlangga Hartarto tells reporters on Thursday.
** Government wants to push availability of electric vehicles in Jakarta and Bali in the initial phase of introduction: Hartarto
* NOTE: Indonesia Plans Auto-Rules Overhaul to Form Electric-Car Hub (3)
* NOTE: Toyota’s $2 Billion Pledge Revs Up Indonesia’s Electric Car Push