Ready to compete with Chinese manufacturers, Astra launches 3 new battery-powered EVs
18 Sep 2024 17:19
PT Astra International Tbk (ASII) will compete with electric vehicle (EV) players from China, which have already been circulating in Indonesia.
Indika Energi’s subsidiary to establish new subsidiary, investing IDR 6.25 billion
12 Aug 2024 11:02
PT Indika Energi Tbk (INDY), through two of its subsidiaries, PT Kalista Soter Hastia (KSH) and PT Kalista Nusa Armada (KNA), will form a new subsidiary with total investment worth IDR 6.25 billion.
Volta launches 2 new electric motorbikes at GIIAS 2024
19 Jul 2024 12:48
PT Volta Indonesia Semesta, a subsidiary of PT NFC Indonesia Tbk (NFCX) which runs the electric vehicle business, has launched 2 new variants of electric motorbikes, namely the Volta MandalaX and Volta PatriotX at the 2024 Gaikindo Indonesia International Auto Show (GIIAS).
Joining EV hype in Indonesia, IMOTO to launch VISION.ev
16 Jul 2024 12:57
IMOTO Indonesia will take part in electric vehicle (EV) industry in Indonesia through the launch of VISION.ev, its latest electric motorcycle.
Indomobil and VKTR Teknologi Mobilitas to accelerate EC adoption
22 Feb 2024 08:45
PT IMG Sejahtera Langgeng (IMGSL), a subsidiary of PT Indomobil Sukses Internasional Tbk (IMAS), has signed a strategic partnership agreement with PT VKTR Teknologi Mobilitas Tbk (VKTR).
Launching 3 new motorcycle models, Volta eyes 18 thousand units of sales and expansion in 2024
20 Feb 2024 16:27
PT Volta Indonesia Semesta, a subsidiary of PT M Cash Integrasi Tbk (MCAS) engaged in the clean energy field, is eyeing an approximate of 64% growth in electric motorcycle sales to 18 thousand units at the end of 2024.
NFCX to dissolve its EV battery rental line
18 Dec 2023 09:44
PT NFC Indonesia Tbk (NFCX) has winded down one of its business lines, PT Sewa Baterai Listrik (SBL), a subsidiary engaged in the electric vehicle battery rental business.
PPRO teams up with Voltron to establish electric vehicle charging stations
01 Dec 2023 12:21
PT PP (Persero) Tbk (PPRO) has signed a memorandum of understanding (MoU) with PT Exelly Elektrik Indonesia (Voltron) to establish a number of electric vehicle chargers.
Indika Energy to invest IDR 45 billion for EV battery production
29 Sep 2023 10:08
PT Indika Energy Tbk (INDY) has established a new subsidiary in the electric vehicle (EV) battery manufacturing segment, investing a total of IDR 45 billion.
Marketing costs drag profit down, MCAS: short-term pinch for long-term gain
08 Sep 2023 14:47
The significant profit decline of PT M Cash Integrasi Tbk (MCAS) in the first half of 2023, reaching minus 60% year-on-year (yoy), is revealed to be the result of swelling selling expenses.
