Indonesia Electric Vehicle Charging Equipment Market: Ken Research


Overview Of EV Market In Indonesia

The total number of electric vehicle sales in Indonesia totaled xx units. This total includes xx hybrid models, xx PHEV units, and xx BEV units. When viewed from the total sales of cars in Indonesia in the first semester of 2021, the interest in the electric vehicle market is at xx% of total cars sold. These figures shows that the Indonesian EV sector is still in its infancy.

The number of 4W Battery Electric Vehicles (BEV) increased from xx in 2018 to xx in 2020 at a CAGR of xx%. Electric Vehicles remain relatively slow during 2021 also because there was a shortage of semiconductor. The decrease in car sales is largely due to the COVID-19 pandemic. On the other hand, around xx Electric Vehicles (EV’s) were sold in Indonesia in 2020.

Overview Of EV Charging Equipment Industry

The revenue of EV Charging Equipment market grew at a CAGR of xx% during 2017 to 2021, witnessing a growth rate of xx% in 2020 from 2019 and xx% in 2021 from 2020.

This tremendous growth is attributed to the rapid urbanization and Private vehicle ownership which has been steadily rising by more than xx% yearly. The number of electric vehicle chargers for SPLKU built by PLN was estimated to be xx in 2021 which grew at a CAGR of xx% during 2019 to 2021.Indonesia EV Charging Equipment Market

Competitive Landscape of Industry Players

Currently, the competition in the EV Charging Space in Indonesia is monopolistic in nature, with PLN being designated the responsibility of constructing and monitoring SPKLU’s throughout the country. Private players are looking forward to expanding their operations in Indonesia, but are not doing so due to unaddressed concerns regarding the profitability of EV charging operations, tightly regulated electricity tariffs, etc.

Companies operating public transportation services such as E buses and taxis procure EV chargers from Chinese companies in bulk due to less costs, but the government is trying to promote local manufacturing by imposing compulsory localization requirements for private companies looking to conduct business in Indonesia in the EV sector. A small number of EV charging startups are currently in their trial stages in the country, and it remains to be seen whether they can sufficiently expand their operations and become profitable in the coming years.

Trends In EV Charging Industry In Indonesia

Automotive giants plan to set up factories

Toyota plans to invest around USD xx Billion to develop an EV production plant in Indonesia. Hyundai has similarly committed around USD xx Billion towards producing Ev. Battery companies like Panasonic and LG are planning to set up battery manufacturing plants in Indonesia, covering both the upstream and downstream aspects. Tesla has similar plans to open manufacturing units of their batteries.

Entry of Chinese EV’s causing major disruption

Chinese EV manufacturers including BYD and Wuling plan to sell EV’s through physical stores in Indonesia from around mid-2022, This would have a disruptive effect on the EV market in terms of bringing down the average price of EV’s. Eventually leading to increased adoption and indirectly leading to growth of EV charging infrastructure in Indonesia.

Domestic Battery Industry

One hurdle for Indonesia’s EV development is the nonexistence of a domestic battery industry. Indonesia has posed an export ban of nickel ore since 2020. The ban is hoped to secure the downstream battery industry using nickel ore as a raw material. This ban also hopes to encourage foreign firms and international investors to build all supply chains for nickel-based batteries in the country.

Tax Harmonization Scheme

Government Regulation number 73-year 2019 provides further tax incentives for low-cost green car (LCGC). A series of fiscal incentives are available, from tax allowance and tax holiday to super deductible tax. Acceleration of Battery Electric Vehicle (BEV) for Road Transportation: the provision of charging stations and regulating electricity tariffs for charging electric vehicles keeping the environmental protection view.

Growing Consumer Market

Over 70% of its public are keen to own an electric vehicle which the environmental issue as the most common reason they favour electric-powered vehicle over traditional fossil-fuel ‘driven’ vehicles. In 2019, xx electric passenger vehicles were sold in the country, compared to just one unit sold in the preceding year.

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Future Outlook Of Industry

Indonesia Electric Vehicle Market was valued at USD xx in 2020. Indonesia Electric Vehicle Market size is estimated to grow at a CAGR of xx%. The market is expected to reach a value of USD xx in 2027.With over 22% of the world’s nickel reserves found in Indonesia, the government’s commitment to reduce its emissions (29% by 2030) and a growing public interest towards environment-friendly vehicles. This will really help EV manufactures to grow.

According to Indonesia’s Coordinating Minister for Maritime Affairs and Investment, the country will require up to US$35 billion in investment over the next five to 10 years to develop its EV ecosystem.

All motorcycles sold from 2040 will be electric-powered, while all new cars sold from 2050 will be electric vehicles (EVs). Indonesia aims to reach an adoption of 2.1 million electric motorcycle and 400,000 electric cars – of which 20% are locally manufactured by 2025.

Charging Equipment Revenue is expected to reach USD xx in 2026 with a growth rate of xx from 2025. The revenue generated from 2022 to 2026 is expected to grow at a CAGR of xx%. Among the type of vehicle, 4W is expected to generate the highest revenue of USD xx through new car sales. This high growth is attributed to the changing people’s mindset towards EV’s.

Key Segments Covered in Indonesia EV Charging Equipment Industry

EV Charging Market Size by


Number of charging stations

Indonesia EV Charging Equipment Industry By

Type of Chargers

Type of Charging

Type of Vehicle

Geographic Demand

Type of Manufacturer

Sales Channels

Product Analysis

4W Chargers

2W Chargers

Charging Stations

Pricing Analysis

4W Chargers pricing

2W Chargers pricing

Charging Stations pricing

Key Target Audience

Electricity Supplier

EV Manufacturers

EV Charging Equipment Manufacturers

EV Charging System Operator

Demand side Transport Operators

Government Bodies

Time Period Captured in the Report:

Historical Period: 2016-2021

Forecast Period: 2022-2026F

EV Charging Equipment Players in Indonesia



Schneider Electric


Bambang Djaja



Ghifari Energi

Key Topics Covered in the Report: –

Overview of EV Market and EV Charging Equipment Market in Indonesia

Ecosystem of EV Charging Equipment Market in Indonesia

Market Size of EV Charging Equipment Market in Indonesia (Total EV Charging Equipment Revenue)

Indonesia EV Charging Equipment Market Segmentation (By Type of Charging, Type of Chargers, Type of Vehicle, Type of Geography, By Sales Channels)

Cross Comparison of Southeast Asian Countries on EV Adoption and comparison of top players in the EV Charging Equipment Market in Indonesia

Company Profiles of EV Charger Manufacturers (Overview, Products, Business Streams, Manufacturing Capabilities, Distribution Channels, Recent Projects, Cost Structure, and Awards and Recognitions)

Growth Drivers and Challenges to Indonesia EV Charging Equipment Industry

Industry trends and developments

SWOT Analysis of EV Market

Rules and Regulations by Government Bodies

Future Outlook of Industry

Case Study (PLN, EESL, Alfen)

For More Information, Click on the Following Link: –

Indonesia Electric Vehicle Charging Equipment Market

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India EV Charging Equipment Market Outlook to FY’2026 – Driven by Increasing Adoption of Electric Vehicles along with Implementation of FAME II Policy by Government

Global Charging Station for Electric Vehicle (EV) Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

EV Charging Adapter Market by Type (AC Charging Adapter and DC Charging Adapter) and by Application (Battery Electric Vehicle, Plug-In Hybrid Electric Vehicle, and Fuel Cell Electric Vehicle), Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024

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Ken Research
Ankur Gupta, Head Marketing & Communications