Investor Presentaiton
Infrastructure
Indonesia Electric Vehicle Outlook 2023
SPKLU is not well-distributed, hence strategic
deployment is needed
• The existing regulation, MEMR Reg. No. 13/2020, is one of the main barriers of
SPKLU development. It obliges every SPKLU to have 3 types of port: AC Type 2
port, DC charging CHAdemo, and DC charging CCS 2, which makes investment
for SPKLU is unnecessarily expensive. It is estimated that investors need to invest
between IDR 750 million and 1.5 billion per unit to build a SPKLU that complies
with this regulation. However, some locations might be more suitable for slow or
medium charging (<22 kW AC) that only cost IDR 25 - 50 million per unit.
• To attract investors, especially to invest in fast and ultra-fast chargers, PLN has
introduced a business scheme called Investor Owned Investor Operate (IO2), which
consists of 3 investment packages: medium charger, fast charger and ultra-fast
charger. The offered scheme promises a gross income of IDR 7.6 to 20.3 million
per month with capital investment of IDR 360 million to IDR 1.1 billion. However,
the expected gross income in some of the offered schemes is too low and may not
be able to cover operating expenses such as electricity tariffs, salaries, land rent,
and interests.
• Port standardization also plays an important role in SPKLU investment. At the
moment, E4W with GB/T type port dominates the market. However, this port
does not support the fast-charging charger. Therefore, DC charging CCS 2 can be
nominated as a standard port for fast charging in Indonesia, while the GB/T can
be a standard port for medium charging. With converters between different port
types widely available, standardization of charging ports should not be an issue
for consumers.
Units
Charging infrastructure operators and charging types
in Greater Jakarta areas (Jan 2023)
100
99
75
75
50
50
25
7
Slow charging
(7-11 kW)
Source: IESR analysis
GB/T
61.4%
Private
24
43
18
38
Medium charging
(22kW)
Fast charging
(>50 kW)
Public (government and SoE)
Port distribution on E4W
Source: Gaikindo (2022); IESR analysis
(Notes: Exclude Tesla)
CCS 2
36.3%
Chademo
2.3%
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