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.
PLN saw 53.21% surge in profit to IDR 22.02 trillion
29 May 2024 10:18
PT Perusahaan Listrik Negara (Persero) reported net profit of IDR 22.02 trillion throughout 2023, up 53.21% year-on-year (yoy) from IDR 14.41 trillion seen in the same period in 2022.
MPMX to join EV business hype
22 May 2024 13:42
PT Mitra Pinasthika Mustika Tbk (MPMX) and its subsidiary, PT Mitra Pinasthika Mulia, will branch out to support electric vehicle (EV) business.
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.