Indonesia's transportation sector contributes significantly to greenhouse gas emissions, prompting a shift towards electric vehicles (EVs) to mitigate this impact. While the government has shown commitment through regulations and incentives for EV charging stations (EVCS), the implementation, especially for fast and ultrafast charging, faces economic barriers like high investment costs and low utilization due to the limited number of EVs. This has resulted in a geographical imbalance in EVCS deployment, with most stations concentrated in Java, raising concerns about accessibility and hindering broader EV adoption. The core issue is the compromised financial viability of EVCS investments, particularly in low-utilization scenarios, due to inadequate incentives, leading to investor hesitation and slower infrastructure expansion. This study aims to address this by developing and evaluating targeted incentive frameworks for EVCS deployment, utilizing financial simulation to estimate necessary incentive levels and identify optimal designs to achieve project viability and support Indonesia's sustainable transportation objectives.