The Indonesian Finance Minister, Sri Mulyani Indrawati, has announced the implementation of a new 5% PPnBM threshold for "full-electric, battery-based electric motor vehicles" in Indonesia. This policy is effective from March 1, 2024, and will significantly impact the local electric vehicle market.

A futuristic and environmentally friendly Polestar 2 electric vehicle is showcased in the urban landscape, highlighting Polestar's commitment to sustainable mobility.

Tesla, the electric vehicle (EV) pioneer, is engaged in a fierce global price war, slashing prices in key markets like China, Germany, and the United States. This unprecedented move has sent shockwaves through the automotive industry and raised questions about the company's long-term strategy.