Momentum of Electric Vehicle Development

The investment involves foreign investors (PMA) and domestic investors (PMDN) and is to be realized from December 2021 to early 2022.

Kompas/Hendra A Setyawan

-An officer charges an electric car at the Pertamina General Electric Vehicle Charging Station (SPKLU), Jalan Fatmawati, Jakarta, Wednesday (1/9/2021).

Momentum refers to a situation in which one party’s initiative is enthusiastically welcomed by another party and becomes a widespread phenomenon. Perhaps this is called equilibrium in the language of economics, or the meeting of the supply side with the demand side. More recently, equilibrium has been related to sustainability issues. And because of that, electric cars, or battery electric vehicles (BEVs) have gained momentum.

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