Indonesia plans to offer zero export duty and exemption from value-added tax to EV manufacturers willing to establish production in the large emerging Asian economy, Bloomberg reported on Friday, citing unnamed sources with knowledge of the matter. It was not immediately clear when or for how long those subsidies would last, Bloomberg notes. The new policy, still in a stage of deliberation, could be changed before it is announced, according to Bloomberg’s sources. Indonesia is competing with other countries in the Association of Southeast…
