The Indonesian government has confirmed that incentives for electric vehicles in CBU (completely built up) form will end soon. This policy will impact car prices, especially for models still relying on imports and not produced locally.
Automotive industry observers predict EV prices may rise by around 30 percent after the current incentives are withdrawn. The incentives consist of import duty and luxury sales tax waivers. The government, through the Ministry of Industry, requires manufacturers to shift to local production in line with local content rules set out in the latest investment regulations.
Potential Price Increase in the Near Future
GAIKINDO, the Association of Indonesian Automotive Industries, has emphasized that ending these incentives will make CBU electric vehicles less affordable for Indonesian consumers. The Minister of Industry, Agus Gumiwang, confirmed that only vehicles with locally assembled components will qualify for future benefits. Manufacturers such as BYD, Vinfast, Geely, Xpeng, and other brands are directly affected by this regulation.
For consumers planning to purchase an EV, now is considered the best time to buy before the price increase takes effect. Leading brands have announced their current price lists, valid while government incentives are still active.
Latest Price List for Electric Cars
Here are the latest prices for several popular EV models and brands currently available:
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Aion
- Y Plus Exclusive: Rp 419 million
- Y Plus Premium: Rp 479 million
- V Exclusive: Rp 449 million
- V Luxury: Rp 489 million
- UT Standard: Rp 325 million
- UT Premium: Rp 363 million
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Hyptec
- HT Premium: Rp 691 million
- HT Ultra: Rp 843.5 million
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BMW
- i4 eDrive35: Rp 1.841 billion
- i5 eDrive40: Rp 2.225 billion
- i5 M60: Rp 2.830 billion
- iX1 eDrive20: Rp 1.379 billion
- iX xDrive40: Rp 2.545 billion
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BYD
- Atto 1 Dynamic: Rp 195 million
- Dolphin Dynamic: Rp 369 million
- Atto 3 Superior: Rp 520 million
- New Seal Premium: Rp 639 million
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Chery
- E5 Pure: Rp 369.9 million
- J6 RWD: Rp 505.5 million
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Hyundai
- Ioniq 5 Batik: Rp 911.2 million
- Kona Style Standard Range: Rp 516 million
- Ioniq 6 Signature: Rp 1.207 billion
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Kia
- EV6 GT-Line: Rp 1.349 billion
- EV9 Earth: Rp 1.568 billion
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Lexus
- UX 300e: Rp 1.577 billion
- RZ 450e: Rp 2.287 billion
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Mercedes-Benz
- EQB 250+ Progressive Line: Rp 1.69 billion
- EQE 350+ Electric Art Line: Rp 2.33 billion
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MG
- 4 EV Ignite: Rp 299 million
- Cyberster: Rp 1.704 billion
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MINI
- MINI Electric: Rp 1.029 billion
- Cooper John Cooper Works Electric: Rp 1.283 billion
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Porsche
- Taycan: Rp 4.2 billion
- Taycan 4S: Rp 4.9 billion
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Tesla
- Model 3 Standard Range: Rp 1.5 billion
- Model Y Long Range: Rp 2 billion
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VinFast (two prices for each model: battery subscription / with battery)
- VF5: Rp 212 million / Rp 272.35 million
- VF 3: Rp 152 million / Rp 192.28 million
- VF 6 Plus: Rp 364 million / Rp 397 million
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Volkswagen
- ID. Buzz: Rp 1.495 billion
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Wuling
- Air ev Lite: Rp 184 million
- Binguo EV Pro: Rp 332 million
- Cloud EV Lite: Rp 365 million
- Xpeng
- G6 Pro: Rp 619 million
- X9 Standard: Rp 990 million
How to Choose the Right Model Before the Price Increase
Compare the specifications and features based on your needs. Consider city driving range, charging compatibility, after-sales support, and accessible public charging networks.
Direct quoting from the Minister of Industry, “The transition to local production is mandatory by the roadmap and regulation, and imported CBU will no longer enjoy incentives in the future.” GAIKINDO also stresses that the potential price increase is significant, due to the removal of tax breaks that had made CBU EVs more competitive.
For buyers, this shift represents a critical time window. Review the latest price lists, evaluate available options, and make a timely purchase to secure a better offer before the price hikes take effect.
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