Arkora Hydro (ARKO) establishes new subsidiary
19 Feb 2025 17:07
Astra Group's EBT company, Arkora Hydro (ARKO), forms a new subsidiary. See the invested amount.
LABA secures IDR 171.6 billion EV battery contract, from who?
17 Feb 2025 08:26
LABA bags IDR 171,6 Bn contract and USD 4 million capital to boost EV battery supply in Indonesia.
Blue Bird sets up 1000 EV expansion in 2025
06 Feb 2025 18:07
Blue Bird is expanding its EV adoption into other service lines, including Goldenbird (car and limousine rental) and Bigbird (bus services).
Abundant nickel to be reviewed for potential national EV
06 Feb 2025 16:13
Indonesia has abundant nickel resources, yet it does not produce its own electric cars.
Indomobil and Yadea end electric motorcycle business
05 Feb 2025 11:22
After its partnership with Indomobil ends, Yadea will establish its own business footprint in Indonesia.
Q3 2024 saw PLN’s profit slowed down to IDR 25.13 trillion
28 Oct 2024 13:59
The net profit of PT Perusahaan Listrik Negara (Persero) slowed down 3.29% year-on-year (yoy) in Q3 2024, although the revenue grew 12.42% yoy from Q3 2023.
LABA secures battery pack procurement contract
23 Sep 2024 17:00
PT Green Power Battery (GPB), a subsidiary of PT Green Power Group Tbk (LABA), has secured a contract to procure electric vehicle battery packs worth a total of IDR 139 billion from PT Gotion Indonesia Materials (GIM).
PLN net profit plunges 80.7% driven by soaring operating expenses
08 Aug 2024 10:59
Perusahaan Listrik Negara (Persero) or PLN, posted a net profit of IDR 4.99 trillion in the first semester (1H) 2024, down 80.7% year-on-year (yoy) or from the same period last year.
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.
NFCX obtains investments from LX Ventures and SAIC Capital
04 Jul 2024 13:12
PT Energi Selalu Baru (ESB), a subsidiary of PT NFC Indonesia Tbk (NFCX), secures investments from LX Ventures and SAIC Capital in its pre-series A round of funding.