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EV motorcycle manufacturer and distributor for sustainable mobility in Indonesia
Subscription-based e-motorcycle fleets for Indonesiaâs ride-hailing and delivery economy
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This Singapore-based company specializes in manufacturing and distribution of electric motorcycles in Indonesia. The company offers five models tailored for diverse applicationsâfrom heavy cargo deliveries to high-speed military use. The company operates vertically, encompassing everything from R&D to production and software for fleet management, and utilizes a unique subscription model that has cemented its leadership in the ride-hailing and delivery segments in Indonesia. With exports to Vietnam, Malaysia, and Singapore, the company achieved EBITDA breakeven in 2024 and continues to solidify its market presence.
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Automobiles & ComponentsElectric VehiclesGrowth EquityMinority SaleMotorcyclesSE Asia
