INDONESIA will offer tax incentives to manufacturers including China’s BYD and GAC Aion, as well as French automaker Citroen, in to boost domestic electric vehicle (EV) production and sales, reports Hong Kong’s South China Morning Post. The three carmakers, all of which have committed to building factories in Indonesia, will enjoy an exemption on import taxes and a 15 per cent rate on the local luxury sales tax, known as PPnBM, Agus Gumiwang Kartasasmita, said Indonesia’s Minister of Industry....
https://www.seanews.com.tr/indonesia-offers-tax-incentives-to-byd-others/202180/