Team Webmaster : Automotive expert from the Bandung Institute of Technology Yannes Martinus Pasaribu expressed his optimism that the trend of electric cars will continue to increase if accompanied by several factors, ranging from government policies to advances in battery technology.
According to him, government support through incentives and infrastructure development for electric vehicles can stimulate consumer interest.
“It seems that this trend will reverse and the market will rise again, if the supportive policy on EV is re-proclaimed by the new cabinet,” he said. in between, the week.
In addition to government support, increasing public awareness of environmental issues is another driver.
People who are now more concerned about the impact of fossil fuel vehicles on the environment, a positive marker towards the adoption of electric cars.
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Yannes also highlighted the progress of battery technology which is also a determinant of people’s buying interest in EVs.
With the decline in electric car prices along with the increase in production scale, it is expected that electric cars will be more affordable for the public.
“Falling prices are an important factor to expand market share,” he added.
However, Yannes reminded that the economic growth of the middle class must still be considered.
This segment is the largest market in Indonesia and has significant potential to adopt electric vehicles.
With a combination of supportive policies, environmental awareness, and technological advances, the electric car market in Indonesia is expected to recover and grow in the near future, said Yannes.
The role of the middle class in the automotive industry is very crucial, considering the number of middle class in Indonesia continues to decline.
“But, of course, all of this must also be supported by the economic growth of the middle income class (middle class) which is the largest market in Indonesia,” added Yannes.
In 2019, the number of middle class residents in Indonesia reached 57.33 million people. Meanwhile, in 2023, the number of middle class residents in Indonesia was recorded at 48.27 million inhabitants or 17.44 percent of the total population of Indonesia.
BPS also reported a decrease in the middle class in 2024 to 47.85 million people or 17.13 percent of the total population of Indonesia.
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