Indonesia Electric Vehicle Outlook 2024. Recent reporting shows that from 2022 to 2023, investment announcements in ev and battery manufacturing totalled almost usd 500 billion, of which around 40% has been. We expect this demand trend to continue in 2025, with growth also at 4%.

Ievo intends to track and monitor the progress of the energy transition in the transportation sector. We expect this demand trend to continue in 2025, with growth also at 4%.