Indonesia’s Electric Motorcycle Market Eyes $170 Billion Investment Surge

Indonesia’s electric motorcycle sector offers a potential investment pool of US$170 billion, according to the country’s Investment Minister. The official made the statement during a recent industry briefing, highlighting the nation’s growing demand for two-wheeled electric vehicles (EVs) as a key driver. The figure represents the estimated total market value over the coming years, not current sales. The minister’s remarks aim to attract foreign and domestic investors to build batteries, assembly plants, and charging infrastructure. Indonesia, a major nickel producer, already supplies a key raw material for EV batteries, giving it a strategic edge. However, the market remains nascent, with high upfront costs and limited charging networks posing hurdles. The government is pushing for faster adoption through subsidies and local manufacturing incentives, but no new policy details were released in this statement.