Indonesia's President Prabowo Floats Gas-to-Electric Motorcycle Trade-In Plan
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Indonesian President Prabowo Subianto unveiled a proposed trade-in scheme for swapping gasoline motorcycles for domestically made electric ones, speaking at a national electric motorcycle launch event in Cikarang, West Java. Danantara CEO Rosan Roeslani said the state investment fund is preparing lower interest rates and longer loan terms, and is considering scrapping the current 10% down payment.





