Does The BBN KB Incentive Policy Increase Ownership Of Battery-Based Electric Vehicles? Indonesia Case Study

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Does The BBN KB Incentive Policy Increase Ownership Of Battery-Based Electric Vehicles? Indonesia Case Study

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Ramadhan, Risza Galas / Khoirunurrofik, Khoirunurrofik

Indonesia's commitment by 2060 is to reduce greenhouse gas emissions and realize net zero emissions. The transition of electric vehicles in the transportation sector with renewable energy is a solution to reduce emissions. However, the ownership rate of battery-based electric vehicles in Indonesia is still low. This study empirically discusses the effect of the BBN KB incentive policy designed to encourage ownership of battery-based electric vehicles in Indonesia. To determine the effect of the BBN KB incentive policy on battery-based electric vehicle ownership, a Moderated Regression Analysis (MRA) panel data analysis with Pooled Ordinary Least Square (POLS) estimation technique is used using secondary data from 34 provinces in Indonesia from 2019-2022. The results of the analysis found that the BBN KB incentive policy has a significant effect on increasing ownership of electric vehicles, especially battery-based electric cars in Indonesia. The factors of the number of charging infrastructure (SPKLU), consumer awareness, fuel prices and open unemployment rates have a significant influence on ownership of battery-based electric motorized vehicles. Analysis on the island of Java explains that there is a significant effect on increasing ownership of battery-based electric car vehicles after the policy is implemented, while on non-Java island the BBN KB incentive policy shows an insignificant impact on increasing ownership of battery-based electric vehicles, especially 4-wheelers.

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Title :

Does The BBN KB Incentive Policy Increase Ownership Of Battery-Based Electric Vehicles? Indonesia Case Study

Contributors:

Ramadhan, Risza Galas (author) / Khoirunurrofik, Khoirunurrofik (author)

Publication date :

2024-02-26

Remarks:

doi:10.57185/jetbis.v3i2.84
Jurnal Ekonomi Teknologi dan Bisnis (JETBIS); Vol. 3 No. 2 (2024): JETBIS : Journal Of Economics, Technology and Business; 691-706 ; 2964-903X ; 2962-9330 ; 10.57185/jetbis.v3i2

DOI :

https://doi.org/10.57185/jetbis.v3i2.84

Type of media :

Article (Journal)

Type of material :

Electronic Resource

Language :

English

Keywords :

Tax Incentives , vehicle registration fees , Battery Electric Vehicles , Indonesia

Classification :

DDC: