OJK Role in Supporting EV Development Ecosystem

On 18 October, EuroCham attended a webinar organized by the Financial Services Authority (OJK). The webinar, presented by the Chairman of OJK, Mahendra Siregar, highlighted the contribution of OJK and Financial Services Institutions in achieving the carbon neutral target in 2060 through a series of policies in the Financial Services Sector, such as supporting the development of the Battery-Based Electric Motor Vehicle (KBLBB) ecosystem. One of OJK’s key initiatives is issuing a circular letter urging the banking sector to support the growth of the automotive industry and the acceleration program for battery-based electric motor vehicles.

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