Indonesia Launches Full VAT Exemption for EVs With 40% Local Content Mandate From June 2026
Indonesia's June 2026 EV policy offers full 11% VAT exemption for qualifying BEVs, but only if they meet a 40% local content (TKDN) requirement. With TKDN rising to 60% by 2027 and 80% by 2030, Chinese automakers face a build-local-or-lose-access choice.