Danantara Confirms Several EV Companies Will Enter Indonesia

KatadataOTO – The Daya Anagata Nusantara Investment Management Agency, or commonly called Danantara, has confirmed that there are still four electric vehicle development companies that will enter Indonesia. Their presence is believed to accelerate EV development.

Interestingly, it's not just car manufacturers entering, but also EV batteries, data centers, and consumer services.

"Many companies want to enter, but in the near future, there might be three or four, I cannot mention their names. So we will just see them one by one," said Pandu Sjahrir, Chief Investment Officer (CIO) of Danantara, (05/26).

He added that Chinese company investments in Indonesia do not only have an economic impact. According to him, improving the quality of human resources and information technology knowledge is also very important.

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"So as of today, China is advanced, and we can just learn directly from them. But in the future, it's not impossible for Indonesia to become one of the leaders," said Pandu.

A similar sentiment was also expressed by Mahardi Tunggul Wicaksono, Director of Maritime Industry, Transportation Equipment, and Defense Equipment (IMATAP) at the Ministry of Industry. Reporting from Antara, he revealed that several companies from China and Europe are interested in investing in EV development in Indonesia due to the imposition of US import tariffs.

"Several manufacturers from the electric automotive and electric battery industries from China have started discussions with us," he explained, as quoted by Antara.

According to him, the tariff war does not always have a negative impact. This is because the desire of several Chinese and European companies to invest in the country has become greater than before.

Meanwhile, the investment value is still being discussed. However, in principle, the companies investing in Indonesia are willing to continue and move their investments to the country.

Maintain the Investment Climate

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Not only that, the government has also taken various measures to ensure the investment climate in Indonesia is maintained. Various new regulations are being designed so that business continuity can be better preserved.

One of them is Presidential Regulation Number 46 of 2025, which states that Ministries / Agencies / Regional Apparatus / other Institutions are required to use domestic products, including national design and engineering.

Furthermore, the government will also provide larger incentives for vehicles that already have a higher Local Content Level (TKDN). So that the products can be more easily absorbed by the market.