Dec 12, 2017

Mitsubishi and Indonesian Govt. sign MoU to promote electric vehicles

Mitsubishi and the Indonesian government have inked a partnership to promote electric vehicles (EVs) in the country. Both the parties will conduct a joint study to figure out an efficient use of EVs in Indonesia. The Indonesian government will help drivers and manufactures to adopt electric vehicles ensuring new laws and incentives while Mitsubishi will provide ten EVs and four charging units to the Indonesian Ministry of Industry and other entities.

Indonesia is trying hard to reduce the carbon dioxide emission through several measures. In one of the most significant measures, the Indonesian government has joined hands with Mitsubishi Motors to promote the use and the availability of the electric vehicles in the Southeast Asian country.

"We are pleased to be playing our part in helping to reduce emissions in Indonesia and in supporting its transition to a low carbon economy." Osamu Masuko, Mitsubishi Motors' Chief Executive, said.

As part of the Memorandum of Understanding (MoU) signed, the Indonesian government will bring in new policies and incentive programs to encourage drivers and manufacturers to switch to the electric vehicles.

The government and Mitsubishi will venture into a joint study to find out the efficient usage of the electric vehicles in the country. Mitsubishi Motors will also provide ten electric vehicles and four charging units to the Indonesian Ministry of Industry and other organizations such as national universities and research institutes.

Early this year Mitsubishi established a new factory in Bekasi Prefectures which will churn out 160,000 vehicles on a yearly basis as well as it will locally create over 3,000 jobs. The establishment of the factory is indicative of the fact that Indonesia has become a production hub in the ASEAN region.

"This Memorandum of Understanding is a vote of confidence by the Indonesian Government in the electric technologies of Mitsubishi Motors. At the same time, this announcement demonstrates the importance that Mitsubishi Motors places on Indonesia in our plans for future growth," said the Chief executive Mitsubishi Motors.

Mitsubishi had entered the Indonesian market 46 years back and since then it has emerged as one of the top players in the country.