Disappointed Electric Vehicles Producers by the Discriminatory Incentive
South Korean entrepreneurs consider the latest regulation on the electric vehicle incentives unfair. It could be an obstacle to other investments.
Ghoida Rahmah
April 29, 2024
LEE Kang-hyun’s cell phone continued to ring when the Indonesian government opened a discourse on a revision of the regulation on the electric vehicle incentive in October 2023. Lee, Chair of the Korean Chamber of Commerce and Industry in Indonesia, got questions from entrepreneurs and the government of South Korea about the rule allowing the import of completely built-up (CBU) electric vehicles.
In the Presidential Regulation No. 79/2023 i
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