US President Donald Trump’s decision to revoke electric vehicle incentives has raised concerns over its impact on Indonesia’s vital nickel sector and China’s dominance widening in the Southeast country’s EV supply chain.
Trump targeted EVs immediately after he was sworn in on January 20, annulling a 2021 executive order by former president Joe Biden that called for half of all new vehicles sold in the United States to be electric by 2030.
While Biden’s policy was not legally binding, it prompted domestic and foreign carmakers to boost investments in EV technologies, creating ripple effects across Southeast Asia’s vehicle and other related industries.
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