Vantage Point: Indonesia's EV ecosystem buildout hinges on domestic market adoption

Vantage Point: Indonesia's EV ecosystem buildout hinges on domestic market adoption

This weekly newsletter chronicles top digital themes and trends playing out in SE Asia, especially Indonesia. We will decode policy and regulatory changes affecting digital economy sectors, crunch earnings data of top players, track developments related to gig economy workers and attempt to piece together ecosystem buildouts in some of the fastest-growing, venture-backed plays.You can access the previous 35 editions of the Vantage Point weekly posts here.

Executive Summary

  • Strong domestic market can turn Indonesia’s EV dreams into reality
  • A telling year for Indonesia’s digital banks
  • Bukalapak set to dominate warung tech as rivals pull back

Strong domestic market can turn Indonesia’s EV dreams into reality

Indonesia, with its huge automobile market and natural resources such as nickel and cobalt, is making moves to become a major player in the electric vehicle supply chain — initially as a battery supplier and eventually as a hub for both two- and four-wheeler EV manufacturing.

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