KONTAN.CO.ID - JAKARTA. Indonesia has eased lending rules for the purchase of electric vehicles (EVs) and on business loans linked to their manufacturing in a bid to boost investment in the sector, the financial services authority (OJK) said on Friday. In a statement, OJK said it ha eased rules on credit assessments and risk calculations for loans to buyers of EVs as well as for industries manufacturing components and batteries. It also said loans related to the development of infrastructure, such as charging stations, could be exempt from limits set by OJK.
Indonesia regulator eases lending rules for electric vehicles
KONTAN.CO.ID - JAKARTA. Indonesia has eased lending rules for the purchase of electric vehicles (EVs) and on business loans linked to their manufacturing in a bid to boost investment in the sector, the financial services authority (OJK) said on Friday. In a statement, OJK said it ha eased rules on credit assessments and risk calculations for loans to buyers of EVs as well as for industries manufacturing components and batteries. It also said loans related to the development of infrastructure, such as charging stations, could be exempt from limits set by OJK.