The Investment Management Agency for the Future of Nusantara (BPI Danantara) encourages Himbara banks to provide a 0% down payment (DP) for national electric motorcycle (Molinas) loans. This step aims to increase public interest in switching to electric motorcycles because currently the DP is still around 10%. BPI Danantara is ready to assist banks in funding and will adjust interest rates and loan tenors so that installments are more affordable. The potential market for electric motorcycles in Indonesia is very large with a total of 140 million units, but sales of electric motorcycles are still low, only about 1% of total motorcycle sales. With the 0% DP incentive, it is hoped that electric motorcycle sales can increase exponentially.
