Prabowo Pledges Zero-DP, Low-Interest Electric Motorcycles
President Prabowo Subianto has called on Finance Minister Purbaya to back low-cost financing schemes to spur public adoption of electric motorcycles.
President Prabowo Subianto announced flexible financing terms for citizens transitioning from fuel-powered motorcycles to domestically produced electric motorcycles at the launch of the national electric motorcycle at PT Ilectra Motor Group's (ALVA) plant in Cikarang, Bekasi Regency, West Java. The Head of State requested Finance Minister Purbaya Yudhi Sadewa's support in promoting low-cost financing schemes, including low installment interest rates or zero down payment (DP).
Prabowo warned those using gasoline-powered motorcycles to bear the financial consequences of their choices, emphasizing that electric motorcycles can reduce transportation expenses by at least 50 percent.
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