Indonesia’s growing EV fleet is saving billions from the oil price shock

Fri, 12 Jun 2026 19:25:35 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://thedriven.io/2026/06/12/indonesias-growing-ev-fleet-is-saving-billions-from-the-oil-price-shock/>

"As oil prices blow past $100 a barrel amid war in the Middle East, Indonesia’s
fast-growing fleet of electric vehicles (EVs) is quietly easing fiscal pressure
on the government.

In 2025 alone, EVs saved more than Rp100 billion (~$US5.8 billion) in public
spending by substituting millions of liters of imported liquid fuels with
domestically produced electricity.

The relief is real, but the current benefits represent only a fraction of what
is possible. With policies that expand the supply of EVs in the Indonesian
market, the government can multiply these savings while strengthening energy
security."

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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